Al. Neyer CorporationESOP
AL. NEYER EMPLOYEE STOCK OWNERSHIP PLAN AND TRUST AGREEMENT · CINCINNATI, OH · plan year 2023
Al. Neyer Corporation's 2023 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 $85,159,188 across 226 participant accounts, with employer contributions averaging $1,893 per active participant. See methodology for what Form 5500 does and doesn't capture.
The plan sits in the $50M–$250M size bracket, benchmarked here against 9,317 comparable plans and shown alongside other management of companies employers. By assets it is the 426th-largest of 3,295 plans among Ohio employers on file, and the 221st of 786 in management of companies. active participation has shrunk from 198 to 149 since 2022.
Al. Neyer Corporation's 2023 employer contribution ran below the $3,659 median for plans its size, in the bottom 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.
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Source: U.S. Department of Labor, Form 5500 series, EIN 461375798 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.