How much does Apmc Holdings, Inc. contribute to its ESOP?

In 2023, employer contributions to the Apmc Holdings, Inc. plan averaged $10,846 per active participant, above the $2,440 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 Apmc Holdings, Inc. 401(k)?

The average participant account balance was $195,313 for plan year 2023, based on 118 accounts.

Apmc Holdings, Inc.ESOP

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

APMC HOLDINGS, INC. EMPLOYEE STOCK OWNERSHIP PLAN · SCOTTSBURG, IN · plan year 2023

Employer contribution per participant · 2023

$10,846

Apmc Holdings, 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 $23,046,900 across 118 participant accounts, with employer contributions averaging $10,846 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 26,779 comparable plans and shown alongside other manufacturing employers. By assets it is the 508th-largest of 1,562 plans among Indiana employers on file, and the 5,417th of 13,661 in manufacturing.

Plan summary
Net assets, end of year$23,046,900
Participants with balances118
Active participants96
Employer contributions$1,041,245
Employee contributions—
Employer contribution per active participant$10,846
Average account balance$195,313
Benefits paid to participants$587,161
Plan auditUnmodified (clean) audit opinion
AuditorHARDING SHYMANSKI AND COMPANY

Plan history3

Yearassets · accounts · employer contribution

2024$18.6M · 98 accts · $348K emplr

2023$23.0M · 118 accts · $1.0M emplr

2022$22.4M · 115 accts · $703K emplr

Employer contributions to the Apmc Holdings, Inc. plan · 2023

Employer contribution per active participant$10,846

Median for plans this size$2,440

2024$3,819 per active participant

2023$10,846 per active participant

2022$7,814 per active participant

Apmc Holdings, Inc.'s 2023 employer contribution ran above the $2,440 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

2022Not separately reported

All plans at this employer2

AMERICAN PLASTIC MOLDING CORP. 401(K) PLAN401(k)

APMC HOLDINGS, INC. EMPLOYEE STOCK OWNERSHIP PLANESOP

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Source: U.S. Department of Labor, Form 5500 series, EIN 462098068 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.