Plan Ledger DOL Form 5500 · updated monthly

Story Construction Holding Co.ESOP

STORY CONSTRUCTION EMPLOYEE STOCK OWNERSHIP PLAN · AMES, IA · plan year 2024

Employer contribution per participant · 2024
$6,247

Story Construction Holding Co.'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 -$4,993,748 across 158 participant accounts, with employer contributions averaging $6,247 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 1,109 comparable plans and shown alongside other construction employers. active participation has grown from 127 to 143 since 2022.

Plan summary
Net assets, end of year-$4,993,748
Participants with balances158
Active participants143
Employer contributions$893,270
Employee contributions—
Employer contribution per active participant$6,247
Average account balance-$31,606
Benefits paid to participants$14,785
Plan auditUnmodified (clean) audit opinion
AuditorRSM US LLP
Plan history3
Yearassets · accounts · employer contribution
2024$-5.0M · 158 accts · $893K emplr
2023$-11.3M · 150 accts · $878K emplr
2022$-16.1M · 129 accts · $877K emplr
Employer contributions to the Story Construction Holding Co. plan · 2024
Employer contribution per active participant$6,247
Median for plans this size$540
2024$6,247 per active participant
2023$6,360 per active participant
2022$6,908 per active participant

Story Construction Holding Co.'s 2024 employer contribution ran above the $540 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

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Source: U.S. Department of Labor, Form 5500 series, EIN 920274299 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.