Plan Ledger DOL Form 5500 · updated monthly

The Schebler Co.ESOP

THE SCHEBLER COMPANY EMPLOYEE STOCK OWNERSHIP PLAN · BETTENDORF, IA · plan year 2024

Employer contribution per participant · 2024
$2,523

The Schebler 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 $3,633,278 across 226 participant accounts, with employer contributions averaging $2,523 per active participant. See methodology for what Form 5500 does and doesn't capture.

The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Iowa (745th of 878), and 11,942nd of 13,661 in manufacturing.

Plan summary
Net assets, end of year$3,633,278
Participants with balances226
Active participants202
Employer contributions$509,646
Employee contributions—
Employer contribution per active participant$2,523
Average account balance$16,076
Benefits paid to participants$15,562
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2024$3.6M · 226 accts · $510K emplr
2023$-131K · 206 accts · $618K emplr
Employer contributions to the The Schebler Co. plan · 2024
Employer contribution per active participant$2,523
Median for plans this size$1,313
2024$2,523 per active participant
2023$3,325 per active participant

The Schebler Co.'s 2024 employer contribution ran above the $1,313 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 history2
2024Not separately reported
2023Not separately reported
Similar plansManufacturing · Iowa
Uniparts Olsen Inc. IA$4.6M · 0.59%
Lewis Machine & Tool Co. IA$3.3M · 0.11%

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Source: U.S. Department of Labor, Form 5500 series, EIN 364332499 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.