Plan Ledger DOL Form 5500 · updated monthly

Ames Construction Holding Company, Inc.ESOP

AMES CONSTRUCTION EMPLOYEE STOCK OWNERSHIP PLAN · BURNSVILLE, MN · plan year 2024

Employer contribution per participant · 2024
$1,539

Ames Construction Holding Company, 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 $20,962,276 across 655 participant accounts, with employer contributions averaging $1,539 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 construction employers. By assets it is the 867th-largest of 1,918 plans among Minnesota employers on file, and the 1,958th of 5,337 in construction.

Plan summary
Net assets, end of year$20,962,276
Participants with balances655
Active participants652
Employer contributions$1,003,517
Employee contributions—
Employer contribution per active participant$1,539
Average account balance$32,003
Plan auditUnmodified (clean) audit opinion
Employer contributions to the Ames Construction Holding Company, Inc. plan · 2024
Employer contribution per active participant$1,539
Median for plans this size$2,416

Ames Construction Holding Company, 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.

Similar plansConstruction · Minnesota
R.J. Zavoral & Sons, Inc. MN$22.4M · 0.21%
Met-Con Companies, Inc. MN$21.8M · 0.13%
Allstar Holdings, LLC MN$21.4M · 0.75%
Bituminous Paving, Inc. MN$20.5M · 0.23%
Anderson Group, Inc. MN$19.4M · 0.20%
Vinco, Inc. MN$17.7M · 0.45%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 331880238 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.