ESOP · DOL Form 5500 · 2023

The Suter Company, Inc. ESOP

Data updated 2026-08-25

$40M
Total assets Below avg plan size
269
Participants Below avg headcount
83rd
Percentile by assets National rank
$148,592
Avg per participant Above avg balance/head
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Official DOL plan name: The Suter Company, Inc. Employee Stock Ownership Plan · Sponsored by The Suter Company, Inc. · Illinois · Manufacturing

$40M in assets, 269 participants

The Suter Company, Inc.'s The Suter Company, Inc. Employee Stock Ownership Plan reported $40M in total assets and 269 participants in its 2023 DOL Form 5500 filing, ranking in the 83rd percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • #14,212 in Manufacturing (18,722 peers)

Coverage in Illinois

The Suter Company, Inc. Employee Stock Ownership Plan covers 269 participants in Illinois, about 35% of the average Illinois filer (state average ~779 per filing). Assets: $40M.

#14,212
in Manufacturing (18,722 peers)
+46.8%
assets growth YoY
0.4×
vs typical plan assets (national mean)

The Suter Company, Inc. Employee Stock Ownership Plan's outsized position by total assets

The Suter Company, Inc. Employee Stock Ownership Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$39,971,371 Top 17% higher than 83% of 127,068 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023

The Suter Company, Inc. Employee Stock Ownership Plan among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. The Suter Company, Inc. Employee Stock Ownership Plan sits mid-pack in the medium band (269 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • The Suter Company, Inc. Employee Stock Ownership Plan reported net income rose from $1M in the plan year 2022 filing to $15M in the plan year 2023 filing.
  • The Suter Company, Inc. Employee Stock Ownership Plan end-of-year assets rose from $27M in the plan year 2022 filing to $40M in the plan year 2023 filing.
  • The Suter Company, Inc. Employee Stock Ownership Plan reported participants fell from 301 in the plan year 2022 filing to 269 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 362319132 · The Suter Company, Inc. PY 2023 · ESOP

The Suter Company, Inc. Employee Stock Ownership Plan · $40M · 269 · 83rd

  • BOOK $40M
  • BOOK 269
  • BOOK 83rd
  • BOOK ESOP
  • BOOK near Hawkeye Electric, Inc. Employee Stock Ownership Plan
  • BOOK ind #14212

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with What is an ESOP? → · Plans in Illinois →

The Suter Company, Inc. Employee Stock Ownership Plan in the asset neighbourhood

Capitol Federal Financial, Inc. Employee Stock Ownership PlanCapitol Federal Financial, I…$40MW&w Glass, Inc. Employee Stock Ownership PlanW&w Glass, Inc. Employee Sto…$40MThe Suter Company, Inc. Employee Stock Ownership PlanThe Suter Company, Inc. Empl…$40MHawkeye Electric, Inc. Employee Stock Ownership PlanHawkeye Electric, Inc. Emplo…$40MFund Evaluation Group Employee Stock Ownership PlanFund Evaluation Group Employ…$40M
End-of-year total assets ($M) among The Suter Company, Inc. Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2023.

Illinois filing particulars

Total Assets (Beginning of Year)$27M
Net Assets (End of Year)-$13M
Net Income$15M
Employer EIN362319132
Plan Effective Date2019-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (The Suter Company, Inc.)

Sponsor-wide plan assets over time

All The Suter Company, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$75M 80.39136707890974% vs 2022
2024 filing year
$30M$40M$50M$60M$70M$80M 202220232024 $41.4M $74.7M ▲ +80.4%
Year Plans Participants Total Assets
2022 2 611 $41M
2023 2 617 $54M
2024 2 661 $75M

Nearby ESOP Plans in Illinois

Peer ESOP plans, same state, same plan type, ranked by total assets.

The Suter Company, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Illinois, assets vs. participants Scatter plot of 6 data points. -5000050001000015000 -1012345 Total assets ($B) Participants The Suter Company, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.039971371 · Participants: 269The Suter Company, Inc. Employee Stock Ownership PlanAmsted Industries Incorporated Employees' Stock Ownership Plan, Total assets ($B): 4.440263476 · Participants: 4738Amsted Industries Incorporated Employees' Stock Ownership PlanKehe Distributors, Inc. Employee Stock Ownership Plan, Total assets ($B): 1.616096816 · Participants: 4251Kehe Distributors, Inc. Employee Stock Ownership PlanScot Forge Company Employee Stock Ownership Plan, Total assets ($B): 1.195072662 · Participants: 486Scot Forge Company Employee Stock Ownership PlanBdo USA Employee Stock Ownership Plan, Total assets ($B): 0.91547863 · Participants: 10168Bdo USA Employee Stock Ownership PlanBdo USA Employee Stock Ownership Plan, Total assets ($B): 0.91547863 · Participants: 10168Bdo USA Employee Stock Ownership Plan
The Suter Company, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Illinois, assets vs. participants
Compare The Suter Company, Inc. Employee Stock Ownership Plan side-by-side with 3 peers →

The Suter Company, Inc. Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount

Outside Illinois, the nearest ESOP by assets is Hawkeye Electric, Inc. Employee Stock Ownership Plan in AZ ($40M); by covered participants it is Western State Agency, Inc. Employee Stock Ownership Plan and Trust in ND (269 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (269 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did The Suter Company, Inc. Employee Stock Ownership Plan assets move in 2023? ▼
The Suter Company, Inc. Employee Stock Ownership Plan surged - up 46.8% during 2023, from $27M to $40M. Reported net income was $15M.
How have The Suter Company, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), The Suter Company, Inc.'s sponsor-wide assets grew 80.4%, from $41M to $75M.
Where does The Suter Company, Inc. Employee Stock Ownership Plan rank by assets among Form 5500 filers? ▼
The Suter Company, Inc. Employee Stock Ownership Plan ranks in the 83rd percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).
Which ESOP plans are similar in size to The Suter Company, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Hawkeye Electric, Inc. Employee Stock Ownership Plan in AZ ($40M, 142 participants).
Which ESOP plans cover a similar participant headcount to The Suter Company, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Western State Agency, Inc. Employee Stock Ownership Plan and Trust in ND (269 participants, $45M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 362319132.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.