How much does S7 Corp. contribute to its ESOP?

In 2022, employer contributions to the S7 Corp. plan averaged $14,772 per active participant, above the $331 median for plans of similar size. Public filings report contribution dollars, not the match formula; the formula is in the plan's summary plan description.

What is the average account balance in the S7 Corp. 401(k)?

The average participant account balance was -$412,328 for plan year 2022, based on 218 accounts.

S7 Corp.ESOP

Name: S7 Corp. 401(k) plan: Form 5500 data
Creator: U.S. Department of Labor

PREMIER MORTGAGE RESOURCES EMPLOYEE STOCK OWNERSHIP PLAN · MERIDIAN, ID · plan year 2022

Employer contribution per participant · 2022

$14,772

S7 Corp.'s 2022 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 -$89,887,550 across 218 participant accounts, with employer contributions averaging $14,772 per active participant. See methodology for what Form 5500 does and doesn't capture.

The plan sits in the under $1M size bracket, benchmarked here against 4,041 comparable plans and shown alongside other finance & insurance employers.

Plan summary
Net assets, end of year-$89,887,550
Participants with balances218
Active participants193
Employer contributions$2,850,950
Employee contributions—
Employer contribution per active participant$14,772
Average account balance-$412,328
Plan auditUnmodified (clean) audit opinion
AuditorRICHEY MAY & CO

Employer contributions to the S7 Corp. plan · 2022

Employer contribution per active participant$14,772

Median for plans this size$331

S7 Corp.'s 2022 employer contribution ran above the $331 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 871921096 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.