Plan Ledger DOL Form 5500 · updated monthly

Atec Steel, LLCESOP

ATEC EMPLOYEE STOCK OWNERSHIP PLAN · BAXTER SPRINGS, KS · plan year 2022

Employer contribution per participant · 2022
$1,433

Atec Steel, LLC's 2022 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 $1,299,435 across 83 participant accounts, with employer contributions averaging $1,433 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 30,021 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Kansas (782nd of 828), and 13,155th of 13,661 in manufacturing.

Plan summary
Net assets, end of year$1,299,435
Participants with balances83
Active participants69
Employer contributions$98,896
Employee contributions—
Employer contribution per active participant$1,433
Average account balance$15,656
Benefits paid to participants$51,473
Plan auditUnmodified (clean) audit opinion
Employer contributions to the Atec Steel, LLC plan · 2022
Employer contribution per active participant$1,433
Median for plans this size$1,114

Atec Steel, LLC's 2022 employer contribution ran above the $1,114 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 plansManufacturing · Kansas
Extrusions, Inc. KS$2.5M · 0.39%
Lta II Manufacturing LLC KS$2.2M · 0.89%
McCarty Family Farms, LLC KS$1.3M · 0.22%
Orange Ev, LLC KS$1.3M · 1.48%
Allmetal Recycling, LLC KS$596K · 1.12%

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Source: U.S. Department of Labor, Form 5500 series, EIN 811075946 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.