How much does Allied Construction Holdings, Inc contribute to its ESOP?

In 2024, employer contributions to the Allied Construction Holdings, Inc plan averaged $13,889 per active participant, above the $1,313 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 Allied Construction Holdings, Inc 401(k)?

The average participant account balance was $13,699 for plan year 2024, based on 146 accounts.

Allied Construction Holdings, IncESOP

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

ALLIED CONSTRUCTION HOLDINGS, INC. EMPLOYEE STOCK OWNERSHIP PLAN · DES MOINES, IA · plan year 2024

Employer contribution per participant · 2024

$13,889

Allied Construction Holdings, 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 $2,000,000 across 146 participant accounts, with employer contributions averaging $13,889 per active participant. See methodology for what Form 5500 does and doesn't capture.

The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in Iowa (806th of 878), and 4,826th of 5,337 in construction.

Plan summary
Net assets, end of year$2,000,000
Participants with balances146
Active participants144
Employer contributions$2,000,000
Employee contributions—
Employer contribution per active participant$13,889
Average account balance$13,699
Plan auditUnmodified (clean) audit opinion
AuditorUHY LLP

Employer contributions to the Allied Construction Holdings, Inc plan · 2024

Employer contribution per active participant$13,889

Median for plans this size$1,313

Allied Construction Holdings, Inc's 2024 employer contribution ran above the $1,313 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.

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Source: U.S. Department of Labor, Form 5500 series, EIN 332352008 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.