Plan Ledger DOL Form 5500 · updated monthly

Sc Holdings, Inc.ESOP

SC HOLDINGS, INC. EMPLOYEE STOCK OWNERSHIP PLAN · ORONO, ME · plan year 2024

Employer contribution per participant · 2024
$75

Sc Holdings, Inc.'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 $132,532,204 across 605 participant accounts, with employer contributions averaging $75 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 30th-largest of 354 plans among Maine employers on file, and the 489th of 5,337 in construction. active participation has grown from 379 to 471 since 2022.

Plan summary
Net assets, end of year$132,532,204
Participants with balances605
Active participants471
Employer contributions$35,476
Employee contributions—
Employer contribution per active participant$75
Average account balance$219,061
Benefits paid to participants$2,289,893
Plan auditUnmodified (clean) audit opinion
AuditorALBIN RANDALL & BENNETT CPAS
Plan history3
Yearassets · accounts · employer contribution
2024$132.5M · 605 accts · $35K emplr
2023$95.1M · 555 accts · $35K emplr
2022$71.0M · 521 accts · $35K emplr
Employer contributions to the Sc Holdings, Inc. plan · 2024
Employer contribution per active participant$75
Median for plans this size$3,635
2024$75 per active participant
2023$87 per active participant
2022$94 per active participant

Sc Holdings, Inc.'s 2024 employer contribution ran below the $3,635 median for plans its size, in the bottom 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
Similar plansConstruction · Maine
Construction Partners, Inc. FL$134.0M · 0.36%
Granite Rock Company CA$132.7M · 0.08%
J. D. Eckman, Inc. PA$132.6M · 0.12%
Crc Companies L.L.C. VA$131.6M · 0.02%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 203999217 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.