St Cloud Industrial Products, Inc.ESOP
ST CLOUD INDUSTRIAL PRODUCTS INC EMPLOYEE STOCK OWNERSHIP PLAN AND TRUST · SAINT CLOUD, MN · plan year 2024
Peer grade: A · admin costs + employer contributions vs same-size plans · how grading works
St Cloud Industrial Products, Inc. reported $3,450 in plan administrative expenses for 2024: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $9,778 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 1 year on file its reported administrative ratio fell from 0.02% to 0.01%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other wholesale trade employers. By assets it is the 681st-largest of 1,918 plans among Minnesota employers on file, and the 1,320th of 4,246 in wholesale trade. active participation has grown from 145 to 225 since 2022.
St Cloud Industrial Products, 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.
Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
Why are you looking at this plan?
Source: U.S. Department of Labor, Form 5500 series, EIN 410944776 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.