Plan Ledger DOL Form 5500 · updated monthly

Adams and Associates, Inc.ESOP

ADAMS AND ASSOCIATES, INC. EMPLOYEE STOCK OWNERSHIP PLAN · RENO, NV · plan year 2024

Employer contribution per participant · 2024
$4,257

Adams and Associates, 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 $59,364,297 across 1,908 participant accounts, with employer contributions averaging $4,257 per active participant. See methodology for what Form 5500 does and doesn't capture.

The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other educational services employers. By assets it is the 54th-largest of 437 plans among Nevada employers on file, and the 811th of 3,091 in educational services. active participation has shrunk from 1,180 to 1,049 since 2022.

Plan summary
Net assets, end of year$59,364,297
Participants with balances1,908
Active participants1,049
Employer contributions$4,465,765
Employee contributions—
Employer contribution per active participant$4,257
Average account balance$31,113
Benefits paid to participants$1,763,261
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$59.4M · 1,908 accts · $4.5M emplr
2023$37.5M · 1,923 accts · $3.4M emplr
2022$19.4M · 1,743 accts · $3.4M emplr
Employer contributions to the Adams and Associates, Inc. plan · 2024
Employer contribution per active participant$4,257
Median for plans this size$2,416
2024$4,257 per active participant
2023$3,477 per active participant
2022$2,883 per active participant

Adams and Associates, Inc.'s 2024 employer contribution ran above the $2,416 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
ADAMS AND ASSOCIATES 401(K) SAVINGS PLAN401(k)
ADAMS AND ASSOCIATES, INC. EMPLOYEE STOCK OWNERSHIP PLANESOP
Same employer
Similar plansEducational Services · Nevada
Waynesburg University PA$59.1M · 0.04%
Headspace, Inc. CA$59.1M · 0.08%

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Source: U.S. Department of Labor, Form 5500 series, EIN 880263693 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.