ESOP · DOL Form 5500 · 2024

The Suter Company, Inc. ESOP

Data updated 2026-08-25

$58M
Total assets Below avg plan size
312
Participants Below avg headcount
86th
Percentile by assets National rank
$185,141
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

$58M in assets, 312 participants

The Suter Company, Inc.'s The Suter Company, Inc. Employee Stock Ownership Plan reported $58M in total assets and 312 participants in its 2024 DOL Form 5500 filing, ranking in the 86th 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.

  • #14,154 in Manufacturing (17,777 peers)

Coverage in Illinois

The Suter Company, Inc. Employee Stock Ownership Plan covers 312 participants in Illinois, about 40% of the average Illinois filer (state average ~779 per filing). Assets: $58M.

#14,154
in Manufacturing (17,777 peers)
+44.5%
assets growth YoY
0.6×
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 2024 · DOL Form 5500

$57,763,873 Top 14% higher than 86% of 123,620 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 2024

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

Plan-year 2024 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 (312 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • The Suter Company, Inc. Employee Stock Ownership Plan end-of-year assets rose from $40M in the plan year 2023 filing to $58M in the plan year 2024 filing.
  • The Suter Company, Inc. Employee Stock Ownership Plan reported net income rose from $15M in the plan year 2023 filing to $20M in the plan year 2024 filing.
  • The Suter Company, Inc. Employee Stock Ownership Plan reported participants rose from 269 in the plan year 2023 filing to 312 in the plan year 2024 filing.

See the national 2023→2024 release diff →

EBSA filing schedule strip

Filing strip 362319132 · The Suter Company, Inc. PY 2024 · ESOP

The Suter Company, Inc. Employee Stock Ownership Plan · $58M · 312 · 86th

  • VS-ST $58M
  • VS-ST 312
  • VS-ST 86th
  • VS-ST ESOP
  • VS-ST near The J.S. West Milling Company Employee Stock Ownership Plan
  • VS-ST ind #14154

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

Cemen Tech Holdings, Inc. Employee Stock Ownership PlanCemen Tech Holdings, Inc. Em…$58MThe Suter Company, Inc. Employee Stock Ownership PlanThe Suter Company, Inc. Empl…$58MThe J.S. West Milling Company Employee Stock Ownership PlanThe J.S. West Milling Compan…$58MWhatever It Takes Transmission & Parts, Inc ESOPWhatever It Takes Transmissi…$58MBarr Engineering Co. Employee Stock Ownership PlanBarr Engineering Co. Employe…$58M
End-of-year total assets ($M) among The Suter Company, Inc. Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2024.

Illinois filing particulars

Total Assets (Beginning of Year)$40M
Net Assets (End of Year)$7M
Net Income$20M
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. -20000200040006000800010000 -101234 Total assets ($B) Participants The Suter Company, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.057763873 · Participants: 312The Suter Company, Inc. Employee Stock Ownership PlanAmsted Industries Incorporated Employees' Stock Ownership Plan, Total assets ($B): 3.699095694 · Participants: 4909Amsted Industries Incorporated Employees' Stock Ownership PlanKehe Distributors, Inc. Employee Stock Ownership Plan, Total assets ($B): 2.165348047 · Participants: 4815Kehe Distributors, Inc. Employee Stock Ownership PlanScot Forge Company Employee Stock Ownership Plan, Total assets ($B): 1.429776889 · Participants: 491Scot Forge Company Employee Stock Ownership PlanBdo USA Employee Stock Ownership Plan, Total assets ($B): 1.0622005 · Participants: 9258Bdo USA Employee Stock Ownership PlanShorr Paper Products, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.430213996 · Participants: 543Shorr Paper Products, Inc. Employee Stock Ownership Plan
The Suter Company, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Illinois, assets vs. participants

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 The J.S. West Milling Company Employee Stock Ownership Plan in CA ($58M); by covered participants it is Compunet, Inc. Employee Stock Ownership Plan in ID (311 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (312 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. 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 2024?
The Suter Company, Inc. Employee Stock Ownership Plan surged - up 44.5% during 2024, from $40M to $58M. Reported net income was $20M.
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 86th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (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 The J.S. West Milling Company Employee Stock Ownership Plan in CA ($58M, 343 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 Compunet, Inc. Employee Stock Ownership Plan in ID (311 participants, $38M in assets).