Plan Ledger DOL Form 5500 · updated monthly

Summers of Brownsburg, Inc.ESOP

SUMMERS OF BROWNSBURG ESOP · BROWNSBURG, IN · plan year 2024

Employer contribution per participant · 2024
$3,567

Summers of Brownsburg, 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 $38,715,093 across 211 participant accounts, with employer contributions averaging $3,567 per active participant. See methodology for what Form 5500 does and doesn't capture.

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 347th-largest of 1,562 plans among Indiana employers on file, and the 1,273rd of 5,337 in construction. active participation has grown from 126 to 173 since 2022.

Plan summary
Net assets, end of year$38,715,093
Participants with balances211
Active participants173
Employer contributions$617,071
Employee contributions—
Employer contribution per active participant$3,567
Average account balance$183,484
Benefits paid to participants$38,669
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$38.7M · 211 accts · $617K emplr
2023$24.1M · 162 accts · $630K emplr
2022$14.2M · 155 accts · $578K emplr
Employer contributions to the Summers of Brownsburg, Inc. plan · 2024
Employer contribution per active participant$3,567
Median for plans this size$2,416
2024$3,567 per active participant
2023$4,377 per active participant
2022$4,590 per active participant

Summers of Brownsburg, Inc.'s 2024 employer contribution ran above the $2,416 median for plans its size. 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 454502260 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.