Plan Ledger DOL Form 5500 · updated monthly

Acco Engineered Systems, Inc.ESOP

ACCO EMPLOYEE STOCK OWNERSHIP PLAN · PASADENA, CA · plan year 2024

Employer contribution per participant · 2024
$14,253

Acco Engineered Systems, Inc.'s 2024 Form 5500 did not separately report plan administrative expenses, which is common where recordkeeping is paid through investment revenue-sharing or a master trust. The plan held $1,512,300,815 across 1,487 participant accounts, with employer contributions averaging $14,253 per active participant. See methodology for what Form 5500 does and doesn't capture.

The plan sits in the over $1B size bracket, benchmarked here against 1,229 comparable plans and shown alongside other construction employers. By assets it is the 91st-largest of 9,483 plans among California employers on file, and the 34th of 5,337 in construction. active participation has grown from 1,184 to 1,376 since 2022.

Plan summary
Net assets, end of year$1,512,300,815
Participants with balances1,487
Active participants1,376
Employer contributions$19,611,719
Employee contributions—
Employer contribution per active participant$14,253
Average account balance$1,017,015
Benefits paid to participants$49,471,177
Plan auditUnmodified (clean) audit opinion
AuditorBEESON, HOFFMAN, & SIDDALL, INC.
Plan history3
Yearassets · accounts · employer contribution
2024$1.5B · 1,487 accts · $19.6M emplr
2023$1.3B · 1,364 accts · $20.6M emplr
2022$1.0B · 1,252 accts · $12.4M emplr
Employer contributions to the Acco Engineered Systems, Inc. plan · 2024
Employer contribution per active participant$14,253
Median for plans this size$5,259
2024$14,253 per active participant
2023$16,316 per active participant
2022$10,515 per active participant

Acco Engineered Systems, Inc.'s 2024 employer contribution ran above the $5,259 median for plans its size, placing it in the top quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

Administrative cost history3
2024Not separately reported
2023Not separately reported
2022Not separately reported
All plans at this employer2
ACCO SAVINGS AND INVESTMENT PLAN401(k)
ACCO EMPLOYEE STOCK OWNERSHIP PLANESOP
Same employer
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Source: U.S. Department of Labor, Form 5500 series, EIN 951625123 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.