STERLING ACCEPTANCE CORPORATION
Plan context: D & M Industries Inc. Employee Stock Ownership Plan and Trust
EIN 45-0414000 • Moorhead, MN • 30 filings • 6 plans
Current Snapshot
Latest Year
2024
2024 Participants
159
2024 Assets
$36,304,577
2024 Contributions
$3,844,245
Historical Graphs
Total Assets Over Time
Aggregate end-of-year assets by filing year, excluding zero-asset years
Participants Over Time
Largest reported end-of-year plan headcount by filing year, used to avoid double-counting participants across overlapping plans
Company Timeline
Year summaries and individual filings are combined here so you can stay in one place while moving across years and plan filings.
| Year / Filing | Filings | Participants | Assets | Contributions | Contrib./Participant |
|---|---|---|---|---|---|
| 2024 | 3 | 159 | $36,304,577 | $3,844,245 | $24,178iApproximate average salary by contribution assumption: employee only about $604,441 at 4% or $402,961 at 6%; with 50% employer match about $402,961 at 4% or $268,640 at 6%; with 100% employer match about $302,221 at 4% or $201,480 at 6%. |
| D & M Industries Inc. Employee Stock Ownership Plan and Trust | - | 159 | $25,793,230 | $2,341,591 | $14,727iApproximate average salary by contribution assumption: employee only about $368,175 at 4% or $245,450 at 6%; with 50% employer match about $245,450 at 4% or $163,633 at 6%; with 100% employer match about $184,087 at 4% or $122,725 at 6%. |
| D & M Industries Inc. Profit Sharing Plan | - | 143 | $10,511,347 | $1,502,654 | $10,508iApproximate average salary by contribution assumption: employee only about $262,702 at 4% or $175,134 at 6%; with 50% employer match about $175,134 at 4% or $116,756 at 6%; with 100% employer match about $131,351 at 4% or $87,567 at 6%. |
| D & M Industries Inc Health and Welfare Plan | - | 81 | - | - | - |
| 2023 | 3 | 157 | $35,522,862 | $2,103,893 | $13,401iApproximate average salary by contribution assumption: employee only about $335,015 at 4% or $223,343 at 6%; with 50% employer match about $223,343 at 4% or $148,895 at 6%; with 100% employer match about $167,507 at 4% or $111,672 at 6%. |
| D & M Industries Inc. Employee Stock Ownership Plan and Trust | - | 157 | $26,605,077 | $902,995 | $5,752iApproximate average salary by contribution assumption: employee only about $143,789 at 4% or $95,859 at 6%; with 50% employer match about $95,859 at 4% or $63,906 at 6%; with 100% employer match about $71,895 at 4% or $47,930 at 6%. |
| D & M Industries Inc. Profit Sharing Plan | - | 129 | $8,917,785 | $1,200,898 | $9,309iApproximate average salary by contribution assumption: employee only about $232,732 at 4% or $155,155 at 6%; with 50% employer match about $155,155 at 4% or $103,437 at 6%; with 100% employer match about $116,366 at 4% or $77,577 at 6%. |
| D & M Industries Inc Health and Welfare Plan | - | 112 | - | - | - |
| 2022 | 2 | 148 | $17,251,621 | $1,927,686 | $13,025iApproximate average salary by contribution assumption: employee only about $325,623 at 4% or $217,082 at 6%; with 50% employer match about $217,082 at 4% or $144,721 at 6%; with 100% employer match about $162,811 at 4% or $108,541 at 6%. |
| D & M Industries Inc. Employee Stock Ownership Plan and Trust | - | 148 | $9,480,607 | $719,159 | $4,859iApproximate average salary by contribution assumption: employee only about $121,480 at 4% or $80,986 at 6%; with 50% employer match about $80,986 at 4% or $53,991 at 6%; with 100% employer match about $60,740 at 4% or $40,493 at 6%. |
| D & M Industries Inc. Profit Sharing Plan | - | 123 | $7,771,014 | $1,208,527 | $9,825iApproximate average salary by contribution assumption: employee only about $245,636 at 4% or $163,757 at 6%; with 50% employer match about $163,757 at 4% or $109,171 at 6%; with 100% employer match about $122,818 at 4% or $81,879 at 6%. |
| 2021 | 2 | 141 | $15,853,345 | $2,360,026 | $16,738iApproximate average salary by contribution assumption: employee only about $418,444 at 4% or $278,963 at 6%; with 50% employer match about $278,963 at 4% or $185,975 at 6%; with 100% employer match about $209,222 at 4% or $139,481 at 6%. |
| D & M Industries Inc. Profit Sharing Plan | - | 110 | $8,385,357 | $957,200 | $8,702iApproximate average salary by contribution assumption: employee only about $217,545 at 4% or $145,030 at 6%; with 50% employer match about $145,030 at 4% or $96,687 at 6%; with 100% employer match about $108,773 at 4% or $72,515 at 6%. |
| D & M Industries Inc. Employee Stock Ownership Plan and Trust | - | 141 | $7,467,988 | $1,402,826 | $9,949iApproximate average salary by contribution assumption: employee only about $248,728 at 4% or $165,819 at 6%; with 50% employer match about $165,819 at 4% or $110,546 at 6%; with 100% employer match about $124,364 at 4% or $82,909 at 6%. |
| 2020 | 2 | 139 | $17,441,382 | $1,991,003 | $14,324iApproximate average salary by contribution assumption: employee only about $358,094 at 4% or $238,729 at 6%; with 50% employer match about $238,729 at 4% or $159,153 at 6%; with 100% employer match about $179,047 at 4% or $119,365 at 6%. |
| D & M Industries Inc. Employee Stock Ownership Plan and Trust | - | 139 | $9,399,869 | $1,076,376 | $7,744iApproximate average salary by contribution assumption: employee only about $193,593 at 4% or $129,062 at 6%; with 50% employer match about $129,062 at 4% or $86,041 at 6%; with 100% employer match about $96,796 at 4% or $64,531 at 6%. |
| D & M Industries Inc. Profit Sharing Plan | - | 123 | $8,041,513 | $914,627 | $7,436iApproximate average salary by contribution assumption: employee only about $185,900 at 4% or $123,933 at 6%; with 50% employer match about $123,933 at 4% or $82,622 at 6%; with 100% employer match about $92,950 at 4% or $61,967 at 6%. |
| 2019 | 2 | 146 | $14,210,228 | $1,399,647 | $9,587iApproximate average salary by contribution assumption: employee only about $239,666 at 4% or $159,777 at 6%; with 50% employer match about $159,777 at 4% or $106,518 at 6%; with 100% employer match about $119,833 at 4% or $79,889 at 6%. |
| D & M Industries Inc. Employee Stock Ownership Plan and Trust | - | 146 | $7,287,475 | $611,098 | $4,186iApproximate average salary by contribution assumption: employee only about $104,640 at 4% or $69,760 at 6%; with 50% employer match about $69,760 at 4% or $46,507 at 6%; with 100% employer match about $52,320 at 4% or $34,880 at 6%. |
| D & M Industries Inc. Profit Sharing Plan | - | 114 | $6,922,753 | $788,549 | $6,917iApproximate average salary by contribution assumption: employee only about $172,927 at 4% or $115,285 at 6%; with 50% employer match about $115,285 at 4% or $76,857 at 6%; with 100% employer match about $86,464 at 4% or $57,642 at 6%. |
| 2018 | 2 | 145 | $12,160,882 | $2,086,297 | $14,388iApproximate average salary by contribution assumption: employee only about $359,706 at 4% or $239,804 at 6%; with 50% employer match about $239,804 at 4% or $159,870 at 6%; with 100% employer match about $179,853 at 4% or $119,902 at 6%. |
| D & M Industries Inc. Employee Stock Ownership Plan and Trust | - | 145 | $6,670,050 | $1,235,694 | $8,522iApproximate average salary by contribution assumption: employee only about $213,051 at 4% or $142,034 at 6%; with 50% employer match about $142,034 at 4% or $94,689 at 6%; with 100% employer match about $106,525 at 4% or $71,017 at 6%. |
| D & M Industries Inc. Profit Sharing Plan | - | 119 | $5,490,832 | $850,603 | $7,148iApproximate average salary by contribution assumption: employee only about $178,698 at 4% or $119,132 at 6%; with 50% employer match about $119,132 at 4% or $79,421 at 6%; with 100% employer match about $89,349 at 4% or $59,566 at 6%. |
| 2017 | 2 | 129 | $14,707,554 | $1,209,581 | $9,377iApproximate average salary by contribution assumption: employee only about $234,415 at 4% or $156,277 at 6%; with 50% employer match about $156,277 at 4% or $104,184 at 6%; with 100% employer match about $117,207 at 4% or $78,138 at 6%. |
| D & M Industries Inc. Profit Sharing Plan | - | 129 | $8,880,995 | $514,658 | $3,990iApproximate average salary by contribution assumption: employee only about $99,740 at 4% or $66,493 at 6%; with 50% employer match about $66,493 at 4% or $44,329 at 6%; with 100% employer match about $49,870 at 4% or $33,247 at 6%. |
| D & M Industries Inc. Profit Sharing Plan | - | 101 | $5,826,559 | $694,923 | $6,880iApproximate average salary by contribution assumption: employee only about $172,011 at 4% or $114,674 at 6%; with 50% employer match about $114,674 at 4% or $76,449 at 6%; with 100% employer match about $86,005 at 4% or $57,337 at 6%. |
| 2016 | 2 | 113 | $15,482,758 | $1,376,303 | $12,180iApproximate average salary by contribution assumption: employee only about $304,492 at 4% or $202,995 at 6%; with 50% employer match about $202,995 at 4% or $135,330 at 6%; with 100% employer match about $152,246 at 4% or $101,497 at 6%. |
| D & M Industries Inc. Profit Sharing Plan | - | 113 | $10,200,470 | $760,134 | $6,727iApproximate average salary by contribution assumption: employee only about $168,171 at 4% or $112,114 at 6%; with 50% employer match about $112,114 at 4% or $74,743 at 6%; with 100% employer match about $84,086 at 4% or $56,057 at 6%. |
| D & M Industries Inc. Profit Sharing Plan | - | 92 | $5,282,288 | $616,169 | $6,697iApproximate average salary by contribution assumption: employee only about $167,437 at 4% or $111,625 at 6%; with 50% employer match about $111,625 at 4% or $74,417 at 6%; with 100% employer match about $83,719 at 4% or $55,812 at 6%. |
| 2015 | 2 | 101 | $14,960,572 | $1,398,321 | $13,845iApproximate average salary by contribution assumption: employee only about $346,119 at 4% or $230,746 at 6%; with 50% employer match about $230,746 at 4% or $153,831 at 6%; with 100% employer match about $173,060 at 4% or $115,373 at 6%. |
| D & M Industries Inc. Profit Sharing Plan | - | 101 | $9,700,681 | $838,732 | $8,304iApproximate average salary by contribution assumption: employee only about $207,607 at 4% or $138,405 at 6%; with 50% employer match about $138,405 at 4% or $92,270 at 6%; with 100% employer match about $103,803 at 4% or $69,202 at 6%. |
| D & M Industries Inc. Profit Sharing Plan | - | 83 | $5,259,891 | $559,589 | $6,742iApproximate average salary by contribution assumption: employee only about $168,551 at 4% or $112,367 at 6%; with 50% employer match about $112,367 at 4% or $74,912 at 6%; with 100% employer match about $84,275 at 4% or $56,184 at 6%. |
| 2014 | 2 | 98 | $15,622,485 | $731,936 | $7,469iApproximate average salary by contribution assumption: employee only about $186,718 at 4% or $124,479 at 6%; with 50% employer match about $124,479 at 4% or $82,986 at 6%; with 100% employer match about $93,359 at 4% or $62,239 at 6%. |
| D & M Industries Inc. Profit Sharing Plan | - | 98 | $10,119,460 | $333,454 | $3,403iApproximate average salary by contribution assumption: employee only about $85,065 at 4% or $56,710 at 6%; with 50% employer match about $56,710 at 4% or $37,807 at 6%; with 100% employer match about $42,532 at 4% or $28,355 at 6%. |
| D & M Industries Inc. Profit Sharing Plan | - | 62 | $5,503,025 | $398,482 | $6,427iApproximate average salary by contribution assumption: employee only about $160,678 at 4% or $107,119 at 6%; with 50% employer match about $107,119 at 4% or $71,413 at 6%; with 100% employer match about $80,339 at 4% or $53,559 at 6%. |
| 2013 | 2 | 90 | $12,119,846 | $696,054 | $7,734iApproximate average salary by contribution assumption: employee only about $193,348 at 4% or $128,899 at 6%; with 50% employer match about $128,899 at 4% or $85,933 at 6%; with 100% employer match about $96,674 at 4% or $64,449 at 6%. |
| D & M Industries Inc. Profit Sharing Plan | - | 90 | $7,253,264 | $335,424 | $3,727iApproximate average salary by contribution assumption: employee only about $93,173 at 4% or $62,116 at 6%; with 50% employer match about $62,116 at 4% or $41,410 at 6%; with 100% employer match about $46,587 at 4% or $31,058 at 6%. |
| D & M Industries Inc. Profit Sharing Plan | - | 51 | $4,866,582 | $360,630 | $7,071iApproximate average salary by contribution assumption: employee only about $176,779 at 4% or $117,853 at 6%; with 50% employer match about $117,853 at 4% or $78,569 at 6%; with 100% employer match about $88,390 at 4% or $58,926 at 6%. |
| 2012 | 1 | 72 | $4,705,164 | $228,033 | $3,167iApproximate average salary by contribution assumption: employee only about $79,178 at 4% or $52,785 at 6%; with 50% employer match about $52,785 at 4% or $35,190 at 6%; with 100% employer match about $39,589 at 4% or $26,393 at 6%. |
| D & M Industries Inc. Profit Sharing Plan | - | 72 | $4,705,164 | $228,033 | $3,167iApproximate average salary by contribution assumption: employee only about $79,178 at 4% or $52,785 at 6%; with 50% employer match about $52,785 at 4% or $35,190 at 6%; with 100% employer match about $39,589 at 4% or $26,393 at 6%. |
| 2011 | 1 | 67 | $1,714,776 | $250,686 | $3,742iApproximate average salary by contribution assumption: employee only about $93,540 at 4% or $62,360 at 6%; with 50% employer match about $62,360 at 4% or $41,573 at 6%; with 100% employer match about $46,770 at 4% or $31,180 at 6%. |
| D & M Industries Inc. Profit Sharing Plan | - | 67 | $1,714,776 | $250,686 | $3,742iApproximate average salary by contribution assumption: employee only about $93,540 at 4% or $62,360 at 6%; with 50% employer match about $62,360 at 4% or $41,573 at 6%; with 100% employer match about $46,770 at 4% or $31,180 at 6%. |
| 2010 | 1 | 51 | $1,164,908 | $273,609 | $5,365iApproximate average salary by contribution assumption: employee only about $134,122 at 4% or $89,415 at 6%; with 50% employer match about $89,415 at 4% or $59,610 at 6%; with 100% employer match about $67,061 at 4% or $44,707 at 6%. |
| D & M Industries Inc. Profit Sharing Plan | - | 51 | $1,164,908 | $273,609 | $5,365iApproximate average salary by contribution assumption: employee only about $134,122 at 4% or $89,415 at 6%; with 50% employer match about $89,415 at 4% or $59,610 at 6%; with 100% employer match about $67,061 at 4% or $44,707 at 6%. |
| 2009 | 1 | 54 | $1,059,195 | $265,824 | $4,923iApproximate average salary by contribution assumption: employee only about $123,067 at 4% or $82,044 at 6%; with 50% employer match about $82,044 at 4% or $54,696 at 6%; with 100% employer match about $61,533 at 4% or $41,022 at 6%. |
| D & M Industries Inc. Profit Sharing Plan | - | 54 | $1,059,195 | $265,824 | $4,923iApproximate average salary by contribution assumption: employee only about $123,067 at 4% or $82,044 at 6%; with 50% employer match about $82,044 at 4% or $54,696 at 6%; with 100% employer match about $61,533 at 4% or $41,022 at 6%. |