Wisconsin › Wholesale trade › 100 to 249 participants
Form 5500 statement · plan year 1 Jun 2024 to 31 May 2025
Eder Flag Manufacturing Co., Inc. Employee Stock Ownership Plan
Sponsored by Eder Flag Manufacturing Company, Inc., Oak Creek, WI
Form 5500 information is as filed by the plan administrator with the Department of Labor and may be amended. Figures reflect the plan year shown, not current balances. Form 5500 contains no individual account balances. Look up the original filing at EFAST2.
In the plan year ending 31 May 2025, Eder Flag Manufacturing Co., Inc. Employee Stock Ownership Plan covered 152 participants and held $19.2M in net assets. The plan is an employee stock ownership plan sponsored by Eder Flag Manufacturing Company, Inc. of Oak Creek, Wisconsin.
Net assets came to $126,418 per participant, well above the $60,185 median for defined contribution plans with 100 to 249 participants and well above the $65,557 median for defined contribution plans in wholesale trade. The figure is an average across everyone in the plan, including former employees with small balances; Form 5500 holds no individual account data.
The employer contributed $1.4M during the year, or $11,659 per active participant against a same-size median of $2,447; participants contributed —. Benefits paid out totalled $480K.
Schedule C lists 2 service provider organisations paid $5,000 or more, with reported compensation of $29K: $191 per participant, close to the same-size median of $194. Administrative expenses charged to the plan were $15K. Schedule C does not capture every cost: fees netted from fund returns and fees the employer pays directly are outside it.
Across the filings on record, net assets went from −$11.7M in 2015 to $19.2M in 2024 (), and participants from 123 to 152 (up 24%).
The independent accountant's opinion on the financial statements was unmodified (unqualified).
Compared with similar plans
| Measure | This plan | Same size | Same industry | All US DC plans |
|---|---|---|---|---|
| Net assets per participant | $126,418 | $60,185 | $65,557 | $53,102 |
| Employer contributions per active participant | $11,659 | $2,447 | $2,107 | $2,175 |
| Schedule C compensation per participant | $191 | $194 | $153 | $123 |
| Schedule C compensation, share of net assets | 0.15% | 0.32% | 0.27% | 0.26% |
| Administrative expenses per participant | $100 | $176 | $147 | $116 |
Peer columns are medians for plan year 2024 across defined contribution plans with 100 or more participants: 100 to 249 participants (21,996 plans), wholesale trade (3,526) and all US plans (63,460). Fee medians cover plans that report an amount.
Trend by plan year
| Plan year | Participants | Net assets | Per participant | Employer contributions | Participant contributions | Schedule C compensation |
|---|---|---|---|---|---|---|
| 2024 | 152 | $19.2M | $126,421 | $1.4M | — | $29K |
| 2023 | 166 | $13.1M | $79,006 | $1.4M | — | $38K |
| 2022 | 166 | $10.5M | $63,090 | $1.2M | — | $0 |
| 2021 | 170 | $7.2M | $42,282 | $1.2M | — | $0 |
| 2020 | 159 | $2.7M | $17,145 | $970K | — | $0 |
| 2019 | 156 | −$792K | −$5,077 | $887K | — | $0 |
| 2018 | 150 | −$1.2M | −$7,987 | $864K | — | $0 |
| 2017 | 147 | −$4.4M | −$30,020 | $848K | — | $0 |
| 2016 | 134 | −$10.0M | −$74,373 | $847K | — | $0 |
| 2015 | 123 | −$11.7M | −$95,276 | $847K | — | $0 |
Years in which the plan filed the full Form 5500 with 100 or more participants, from 2009. Plan year is the year in which the plan year began.
Statement for the year
- Net assets, beginning of year$13,114,556
- Employer contributions$1,387,390
- Participant contributions—
- Rollovers and other contributions—
- Total contributions$1,387,390
- Total income, including investment results$7,032,302
- Benefits paid$480,222
- Administrative expenses$15,250
- Total expenses$931,261
- Net income$6,101,041
- Net transfers$0
- Net assets, end of year$19,215,597
Participants
- Active participants119
- Retired or separated, receiving benefits0
- Retired or separated, entitled to future benefits33
- Participants with account balances151
- Total participants, end of year152
Fees and service providers
| Organisation | Services reported | Direct | Indirect |
|---|---|---|---|
| Professional Fiduciary Services LLC | Trustee (directed) | $16,000 | $0 |
| ESOP Partners, Inc. | Recordkeeping and information management; Other services | $13,084 | $0 |
Schedule C, Part I line 2: providers that received $5,000 or more, with the form's own service codes. Individuals named on Schedule C (plan employees, individual trustees) are never shown and their compensation is excluded. Eligible indirect compensation disclosed by formula carries no dollar amount. See how to read Schedule C fees.
Administrative expenses on Schedule H
- Other administrative expenses$14,410
- Contract administrator fees$840
- Total administrative expenses$15,250
Investment structure
Assets at year end by Schedule H category. The form shows the kind of vehicle holding the money, not the funds on the menu.
- Employer securities$30.9M · 98.9%
- Cash (interest and non-interest bearing)$177K · 0.6%
- Registered investment companies (mutual funds)$155K · 0.5%
Audit and compliance answers, as filed
- Accountant's opinionUnmodified (unqualified)
- Audit scope limited under ERISA section 103(a)(3)(C)No
- Accounting firmReilly, Penner & Benton LLP
- Participant contributions reported as transmitted lateNo
- Covered by a fidelity bondYes, $1,000,000
- Blackout period during the yearNo
These are the plan administrator's own answers on Schedule H, Part IV. A reported late transmittal is the filer's disclosure of a timing lapse, usually corrected through the Department of Labor's voluntary program; the amount is the total involved, not a loss.
Plan characteristics
2IStock bonus2PLeveraged ESOP2QThe employer maintaining this ESOP is an S corporation3IPlan requiring that all or part of employer contributions be invested and held in employer securities
Codes entered on Form 5500 line 8a, with the labels from the official instructions. Business code 424300: Apparel, Piece Goods, & Notions.
Other plans of Eder Flag Manufacturing Company, Inc.
| Plan | Participants | Net assets |
|---|---|---|
| Eder Flag Manufacturing Co., Inc. Profit Sharing Plan | 164 | $5.8M |
Similar plans in Wisconsin
| Plan | Sponsor | Participants | Net assets | Per participant |
|---|---|---|---|---|
| Dean Distributing, Inc. Profit Sharing 401(k) Plan & Trust | Dean Distributing, Inc. | 154 | $18.2M | $118,265 |
| The Douglas Stewart Company, Inc. Employees' Benefit Plan | The Douglas Stewart Company, Inc. | 151 | $9.8M | $65,231 |
| Hallmark Building Supplies, Inc. 401(k) Plan | Hallmark Building Supplies, Inc. | 155 | $11.9M | $76,862 |
| Packer City International Trucks, Inc. 401(k) Retirement Savings Plan | Packer City International Trucks, Inc. | 150 | $13.2M | $87,988 |
| Badger Corrugating Company Profit Sharing & 401(k) Plan | Badger Corrugating Company | 159 | $6.5M | $40,638 |
| Jaeckle Wholesale, Inc. 401(k) Savings Plan | Jaeckle Wholesale, Inc. | 145 | $11.1M | $76,337 |
Defined contribution plans in wholesale trade closest in size.
Questions and answers
How big is Eder Flag Manufacturing Co., Inc. Employee Stock Ownership Plan?
152 participants at the end of the plan year ending 31 May 2025, of whom 119 were active employees, with net assets of $19,215,597. Among defined contribution plans that places it in the 100 to 249 participants band, which held 21,996 plans in plan year 2024.
What does Eder Flag Manufacturing Company, Inc. contribute per participant?
The filing reports $1,387,390 in employer contributions for the year, which is $11,659 per active participant; the median for plans of the same type and size was $2,447 in plan year 2024. Form 5500 reports the total only. It does not state the match formula, and the per-participant figure is an average, not any one person's contribution.
What fees does the plan pay and how do they compare?
Schedule C reports $29,084 in compensation to service provider organisations, $191 per participant or 0.15% of net assets. The same-size median among plans reporting any Schedule C compensation was $194 per participant. Administrative expenses on Schedule H were $15,250. Investment costs deducted inside mutual funds and other pooled vehicles are not itemised on Form 5500, so these figures are a floor rather than a full cost.
Who runs the plan?
The sponsor is Eder Flag Manufacturing Company, Inc.. Recordkeeping or administration: ESOP Partners, Inc.. Trustee or custodian: Professional Fiduciary Services LLC. The financial statements were audited by Reilly, Penner & Benton LLP. Form 5500 also names the plan administrator's signer and other individuals; this site publishes organisations only.
Was the audit opinion unqualified?
The filing reports an unmodified (unqualified) opinion. Unmodified (formerly "unqualified") is the standard clean opinion.
How current is this, and does it show my balance?
This is the Form 5500 for the plan year 1 Jun 2024 to 31 May 2025, received by the Department of Labor on 9 Mar 2026. Filings are due seven months after the plan year ends, or nine and a half with an extension, so the public record always runs a year or more behind. It contains plan-level totals only: no individual balances, contributions or names of participants exist in the data.
Provenance
Source: U.S. Department of Labor, Employee Benefits Security Administration, Form 5500 research files (Form 5500, Schedule H, Schedule C) for plan years 2009 to 2025, public domain, with filings received through 24 Aug 2026. This page shows the latest filing on record for EIN 39-0967754, plan 002, received 9 Mar 2026; an amended filing replaces it at the next build. Medians and percentiles are computed by this site; see the methodology. Report an error through corrections.