Plan Ledger DOL Form 5500 · updated monthly

Southern Tier Insulation Distributors, Inc.ESOP

SOUTHERN TIER INSULATION EMPLOYEE STOCK OWNERSHIP PLAN · ENDWELL, NY · plan year 2024

Reported admin expense ratio · 2024
0.19%

Peer grade: A- · admin costs + employer contributions vs same-size plans · how grading works

Southern Tier Insulation Distributors, Inc. reported $43,168 in plan administrative expenses for 2024: 0.19% of average plan assets, below the peer median. Employer contributions averaged $13,194 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio rose from 0.17% to 0.19%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other construction employers. By assets it is the 2,288th-largest of 5,648 plans among New York employers on file, and the 1,813th of 5,337 in construction.

Plan summary
Net assets, end of year$23,365,845
Participants with balances107
Active participants72
Employer contributions$950,000
Employee contributions—
Employer contribution per active participant$13,194
Average account balance$218,372
Benefits paid to participants$2,033,672
Plan auditUnmodified (clean) audit opinion
AuditorD'ARCANGELO & CO. LLP
Plan history3
Yearassets · accounts · employer contribution
2024$23.4M · 107 accts · $950K emplr
2023$21.2M · 111 accts · $1.0M emplr
2022$20.5M · 119 accts · $900K emplr
Administrative expenses, itemized · 2024
Investment management$42,533
Total administrative$43,168
Employer contributions to the Southern Tier Insulation Distributors, Inc. plan · 2024
Employer contribution per active participant$13,194
Median for plans this size$2,416
2024$13,194 per active participant
2023$14,286 per active participant
2022$12,676 per active participant

Southern Tier Insulation Distributors, Inc.'s 2024 employer contribution ran above the $2,416 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.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20241
MERRILL LYNCH · Investment management$42,532

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history3
2024$43,168 · 0.19%
2023$40,211 · 0.19%
2022$38,112 · 0.17%
Similar plansConstruction · New York
Hayner Hoyt Corporation NY$23.1M · 0.04%

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Source: U.S. Department of Labor, Form 5500 series, EIN 161102760 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.