Plan Ledger DOL Form 5500 · updated monthly

Sb Holding Corp.ESOP

SIGNATURE HOMES EMPLOYEE STOCK OWNERSHIP PLAN · HOOVER, AL · plan year 2024

Employer contribution per participant · 2024
$20,920

Sb Holding Corp.'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 $180,567,266 across 148 participant accounts, with employer contributions averaging $20,920 per active participant. See methodology for what Form 5500 does and doesn't capture.

The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other construction employers. By assets it is the 48th-largest of 902 plans among Alabama employers on file, and the 374th of 5,337 in construction.

Plan summary
Net assets, end of year$180,567,266
Participants with balances148
Active participants135
Employer contributions$2,824,265
Employee contributions—
Employer contribution per active participant$20,920
Average account balance$1,220,049
Benefits paid to participants$3,585,404
Plan auditUnmodified (clean) audit opinion
AuditorBMSS, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$180.6M · 148 accts · $2.8M emplr
2023$122.0M · 143 accts · $3.9M emplr
2022$78.7M · 151 accts · $3.5M emplr
Employer contributions to the Sb Holding Corp. plan · 2024
Employer contribution per active participant$20,920
Median for plans this size$3,635
2024$20,920 per active participant
2023$30,804 per active participant
2022$28,362 per active participant

Sb Holding Corp.'s 2024 employer contribution ran above the $3,635 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.

Administrative cost history3
2024Not separately reported
2023Not separately reported
2022Not separately reported
Same employer
Similar plansConstruction · Alabama
Brasfield & Gorrie, L.L.C. AL$492.9M · 0.04%
Robins & Morton AL$221.7M · 0.13%
Hoar Holdings, LLC AL$128.1M · 0.11%
Dunn Investment Company AL$94.7M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 471839874 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.