Plan Ledger DOL Form 5500 · updated monthly

Bapko Metal, Inc.ESOP

BAPKO METAL, INC. EMPLOYEE STOCK OWNERSHIP PLAN · ORANGE, CA · plan year 2024

Employer contribution per participant · 2024
$13,492

Bapko Metal, 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 $25,147,491 across 231 participant accounts, with employer contributions averaging $13,492 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 manufacturing employers. By assets it is the 3,084th-largest of 9,483 plans among California employers on file, and the 5,101st of 13,661 in manufacturing. active participation has grown from 170 to 210 since 2022.

Plan summary
Net assets, end of year$25,147,491
Participants with balances231
Active participants210
Employer contributions$2,833,305
Employee contributions—
Employer contribution per active participant$13,492
Average account balance$108,864
Benefits paid to participants$396,013
Plan auditUnmodified (clean) audit opinion
AuditorGELMAN LLP
Plan history3
Yearassets · accounts · employer contribution
2024$25.1M · 231 accts · $2.8M emplr
2023$16.7M · 211 accts · $1.8M emplr
2022$7.8M · 187 accts · $1.2M emplr
Employer contributions to the Bapko Metal, Inc. plan · 2024
Employer contribution per active participant$13,492
Median for plans this size$2,416
2024$13,492 per active participant
2023$8,426 per active participant
2022$7,229 per active participant

Bapko Metal, Inc.'s 2024 employer contribution ran above the $2,416 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.

Recordkeeper by year2
2024John Hancock
2023John Hancock

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Administrative cost history3
2024Not separately reported
2023Not separately reported
2022Not separately reported
All plans at this employer2
BAPKO METAL, INC. RETIREMENT PLAN401(k)
BAPKO METAL, INC. EMPLOYEE STOCK OWNERSHIP PLANESOP
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Source: U.S. Department of Labor, Form 5500 series, EIN 953224566 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.