How much does Alamon, Inc. contribute to its ESOP?

In 2022, employer contributions to the Alamon, Inc. plan averaged $1,269 per active participant, below the $2,266 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 Alamon, Inc. 401(k)?

The average participant account balance was $48,408 for plan year 2022, based on 312 accounts.

Alamon, Inc.ESOP

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

ALAMON, INC. ESOP & PROFIT SHARING PLAN · KALISPELL, MT · plan year 2022

Employer contribution per participant · 2022

$1,269

Alamon, Inc.'s 2022 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 $15,103,321 across 312 participant accounts, with employer contributions averaging $1,269 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 26,806 comparable plans and shown alongside other construction employers. By assets it is the 92nd-largest of 229 plans among Montana employers on file, and the 2,459th of 5,337 in construction.

Plan summary
Net assets, end of year$15,103,321
Participants with balances312
Active participants208
Employer contributions$263,995
Employee contributions—
Employer contribution per active participant$1,269
Average account balance$48,408
Benefits paid to participants$661,727
Plan auditUnmodified (clean) audit opinion
AuditorMOSS ADAMS

Plan history3

Yearassets · accounts · employer contribution

2024$9.2M · 306 accts · $259K emplr

2023$9.5M · 324 accts · $260K emplr

2022$15.1M · 312 accts · $264K emplr

Employer contributions to the Alamon, Inc. plan · 2022

Employer contribution per active participant$1,269

Median for plans this size$2,266

2024$1,464 per active participant

2023$1,312 per active participant

2022$1,269 per active participant

Alamon, Inc.'s 2022 employer contribution ran below the $2,266 median for plans its size. 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

Alamon, Inc.'s health & benefits plan: carriers, premiums & broker pay

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Source: U.S. Department of Labor, Form 5500 series, EIN 810351417 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.