How much does Adleta Corporation contribute to its ESOP?

In 2024, employer contributions to the Adleta Corporation plan averaged $10,845 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 Adleta Corporation 401(k)?

The average participant account balance was -$214,801 for plan year 2024, based on 98 accounts.

Adleta CorporationESOP

Name: Adleta Corporation 401(k) plan: Form 5500 data
Creator: U.S. Department of Labor

ADLETA CORPORATION EMPLOYEE STOCK OWNERSHIP PLAN · CARROLLTON, TX · plan year 2024

Employer contribution per participant · 2024

$10,845

Adleta Corporation'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 -$21,050,493 across 98 participant accounts, with employer contributions averaging $10,845 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 wholesale trade employers.

Plan summary
Net assets, end of year-$21,050,493
Participants with balances98
Active participants90
Employer contributions$976,064
Employee contributions—
Employer contribution per active participant$10,845
Average account balance-$214,801
Benefits paid to participants$23,086
Plan auditUnmodified (clean) audit opinion
AuditorWHITLEY PENN, LLP

Plan history3

Yearassets · accounts · employer contribution

2024$-21.1M · 98 accts · $976K emplr

2023$-21.4M · 104 accts · $957K emplr

2022$-23.1M · 107 accts · $2.0M emplr

Employer contributions to the Adleta Corporation plan · 2024

Employer contribution per active participant$10,845

Median for plans this size$540

2024$10,845 per active participant

2023$10,295 per active participant

2022$20,418 per active participant

Adleta Corporation'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

Same employer

Adleta Corporation's health & benefits plan: carriers, premiums & broker pay

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Source: U.S. Department of Labor, Form 5500 series, EIN 751543229 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.