How much does Acct Holdings, Inc. contribute to its ESOP?

In 2024, employer contributions to the Acct Holdings, Inc. plan averaged $1,814 per active participant, above the $540 median for plans of similar size. Public filings report contribution dollars, not the match formula; the formula is in the plan's summary plan description.

What is the average account balance in the Acct Holdings, Inc. 401(k)?

The average participant account balance was -$23,275 for plan year 2024, based on 7,771 accounts.

Acct Holdings, Inc.ESOP

Name: Acct Holdings, Inc. 401(k) plan: Form 5500 data
Creator: U.S. Department of Labor

ACCT HOLDINGS, INC. EMPLOYEE STOCK OWNERSHIP PLAN · BERWYN, PA · plan year 2024

Employer contribution per participant · 2024

$1,814

Acct Holdings, 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 -$180,872,014 across 7,771 participant accounts, with employer contributions averaging $1,814 per active participant. See methodology for what Form 5500 does and doesn't capture.

The plan sits in the under $1M size bracket, benchmarked here against 1,109 comparable plans and shown alongside other administrative & support services employers. active participation has grown from 4,279 to 6,563 since 2022.

Plan summary
Net assets, end of year-$180,872,014
Participants with balances7,771
Active participants6,563
Employer contributions$11,903,550
Employee contributions—
Employer contribution per active participant$1,814
Average account balance-$23,275
Benefits paid to participants$231,160
Plan auditUnmodified (clean) audit opinion
AuditorCITRIN COOPERMAN & CO LLP

Plan history3

Yearassets · accounts · employer contribution

2024$-180.9M · 7,771 accts · $11.9M emplr

2023$-211.2M · 6,296 accts · $5.8M emplr

2022$-231.5M · 4,809 accts · $5.6M emplr

Employer contributions to the Acct Holdings, Inc. plan · 2024

Employer contribution per active participant$1,814

Median for plans this size$540

2024$1,814 per active participant

2023$1,033 per active participant

2022$1,318 per active participant

Acct Holdings, Inc.'s 2024 employer contribution ran above the $540 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

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Fee benchmarks by plan size

Source: U.S. Department of Labor, Form 5500 series, EIN 050567511 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.