Cemen Tech, Inc.ESOP
CEMEN TECH HOLDINGS, INC. EMPLOYEE STOCK OWNERSHIP PLAN · INDIANOLA, IA · plan year 2022
Cemen Tech, Inc.'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 $62,506,686 across 196 participant accounts, with employer contributions averaging $2,837 per active participant. See methodology for what Form 5500 does and doesn't capture.
The plan sits in the $50M–$250M size bracket, benchmarked here against 9,341 comparable plans and shown alongside other manufacturing employers. By assets it is the 153rd-largest of 878 plans among Iowa employers on file, and the 2,699th of 13,661 in manufacturing.
Cemen Tech, Inc.'s 2022 employer contribution ran below the $3,449 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.
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Source: U.S. Department of Labor, Form 5500 series, EIN 421067453 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.