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

In 2023, employer contributions to the Camarata Masonry Holdings, Inc. plan averaged $1,654 per active participant, above the $522 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 Camarata Masonry Holdings, Inc. 401(k)?

The average participant account balance was -$9,589 for plan year 2023, based on 142 accounts.

Camarata Masonry Holdings, Inc.ESOP

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

CAMARATA MASONRY SYSTEMS EMPLOYEE STOCK OWNERSHIP PLAN · HOUSTON, TX · plan year 2023

Employer contribution per participant · 2023

$1,654

Camarata Masonry 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 -$1,361,602 across 142 participant accounts, with employer contributions averaging $1,654 per active participant. See methodology for what Form 5500 does and doesn't capture.

The plan sits in the under $1M size bracket, benchmarked here against 1,192 comparable plans and shown alongside other construction employers. active participation has shrunk from 134 to 98 since 2022.

Plan summary
Net assets, end of year-$1,361,602
Participants with balances142
Active participants98
Employer contributions$162,062
Employee contributions—
Employer contribution per active participant$1,654
Average account balance-$9,589
Benefits paid to participants$1,012
Plan auditUnmodified (clean) audit opinion
AuditorCROWE LLP

Plan history3

Yearassets · accounts · employer contribution

2024$-1.5M · 144 accts · $172K emplr

2023$-1.4M · 142 accts · $162K emplr

2022$-1.5M · 147 accts · $171K emplr

Employer contributions to the Camarata Masonry Holdings, Inc. plan · 2023

Employer contribution per active participant$1,654

Median for plans this size$522

2024$1,565 per active participant

2023$1,654 per active participant

2022$1,275 per active participant

Camarata Masonry Holdings, Inc.'s 2023 employer contribution ran above the $522 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

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Fee benchmarks by plan size

Source: U.S. Department of Labor, Form 5500 series, EIN 832030308 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.