Plan Ledger DOL Form 5500 · updated monthly

Alliance Material Handling, Inc.ESOP

ALLIANCE MATERIAL HANDLING EMPLOYEE STOCK OWNERSHIP PLAN · JESSUP, MD · plan year 2023

Employer contribution per participant · 2023
$15,610

Alliance Material Handling, Inc.'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 $82,822,645 across 378 participant accounts, with employer contributions averaging $15,610 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 wholesale trade employers. By assets it is the 204th-largest of 1,671 plans among Maryland employers on file, and the 504th of 4,246 in wholesale trade. active participation has grown from 216 to 258 since 2022.

Plan summary
Net assets, end of year$82,822,645
Participants with balances378
Active participants258
Employer contributions$4,027,332
Employee contributions—
Employer contribution per active participant$15,610
Average account balance$219,108
Benefits paid to participants$2,525,606
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$79.6M · 395 accts · $2.9M emplr
2023$82.8M · 378 accts · $4.0M emplr
2022$38.6M · 328 accts · $2.4M emplr
Employer contributions to the Alliance Material Handling, Inc. plan · 2023
Employer contribution per active participant$15,610
Median for plans this size$3,659
2024$11,230 per active participant
2023$15,610 per active participant
2022$11,226 per active participant

Alliance Material Handling, Inc.'s 2023 employer contribution ran above the $3,659 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
2022$24,800,000 · 59.56%
All plans at this employer2
ALLIANCE MATERIAL HANDLING EMPLOYEE STOCK OWNERSHIP PLANESOP
ALLIANCE MATERIAL HANDLING, INC. 401(K) PLAN401(k)
Same employer
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Source: U.S. Department of Labor, Form 5500 series, EIN 522323852 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.