Dillon Yarn CorporationESOP
DILLON YARN CORPORATION EMPLOYEE STOCK OWNERSHIP PLAN · BOCA RATON, FL · plan year 2024
Dillon Yarn Corporation's 2024 Form 5500 did not separately report plan administrative expenses, which is common where recordkeeping is paid through investment revenue-sharing or a master trust. The plan held $7,639,161 across 129 participant accounts, with employer contributions averaging $58,560 per active participant. See methodology for what Form 5500 does and doesn't capture.
The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Florida (2,069th of 3,644), and 9,836th of 13,661 in manufacturing. active participation has shrunk from 24 to 18 since 2022.
Dillon Yarn Corporation's 2024 employer contribution ran above the $1,313 median for plans its size, placing it in the top quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.
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Source: U.S. Department of Labor, Form 5500 series, EIN 132671306 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.