Southern Tier Insulation Employee Stock Ownership Plan — Form 5500 plan (Southern Tier Insulation Distributors, Inc.)
Plain-English plan summary
According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, Southern Tier Insulation Employee Stock Ownership Plan is a benefit plan reported by Southern Tier Insulation Distributors, Inc. under EIN 16-1102760 and plan number 001. The latest loaded filing year is 2023. The filing reports 121 participants and $27,224,214 in end-of-year plan assets, where available in the loaded dataset.
Form 5500 plan profile · 2023
Key reported metrics
Net assets (EOY)$21.2MPlan net assets, end of year$21,179,434
Participants121Covered participants reported
Assets / participant$225KComputed: assets ÷ participants$224,994 (computed)
Provider compensation$39.2K1 Schedule C provider row(s)$39,245
- Plan sponsor
- Southern Tier Insulation Distributors, Inc.
- EIN
- 16-1102760
- Plan number
- 001
- Plan type
- 2
- Location
- Endwell, NY
- Latest filing year
- 2023
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 121 | H, C | 20241009133410NAL0010676691001 |
Schedule H · 2023
Reported financial statement
Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.
Reported balance (end of year)$27.2M total assets
Net assets$21.2MLiabilities$6M
Full reported line items
Net assets
- Total assets (EOY)
- $27,224,214
- Total liabilities (EOY)
- $6,044,780
- Net assets (EOY)
- $21,179,434
- Net assets (BOY)
- $20,473,154
Income & contributions
- Employer contributions
- $1,000,000
- Total contributions
- $1,000,000
- Total income / additions
- $2,561,674
Expenses & distributions
- Benefits paid
- $1,674,526
- Administrative expenses
- $40,211
- Total expenses
- $1,855,394
- Net increase / (decrease)
- $706,280
Computed from reported fields
Reported ratios
Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.
Total expenses ÷ net assets9%Computed ratio
Benefits paid ÷ total income65%Computed ratio
Provider comp. ÷ net assets0%Computed ratio
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Merrill Lynch | INVESTMENT MANAGEMENT | $39,245 | not reported in the loaded dataset | 2023 |