Altrust Financial Services, Inc.ESOP
ALTRUST FINANCIAL SERVICES, INC. EMPLOYEE STOCK OWNERSHIP PLAN · CULLMAN, AL · plan year 2024
Altrust Financial Services, 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 $39,783,495 across 373 participant accounts, with employer contributions averaging $2,072 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 27,838 comparable plans and shown alongside other finance & insurance employers. By assets it is the 184th-largest of 902 plans among Alabama employers on file, and the 1,970th of 4,798 in finance & insurance.
Altrust Financial Services, Inc.'s 2024 employer contribution ran below the $2,416 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.
Why are you looking at this plan?
Source: U.S. Department of Labor, Form 5500 series, EIN 630923450 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.