Plan Ledger DOL Form 5500 · updated monthly

Commercial Plumbing Inc.ESOP

COMMERCIAL PLUMBING INC. ESOP · HONOLULU, HI · plan year 2024

Employer contribution per participant · 2024
$4,915

Commercial Plumbing 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 $83,628,021 across 148 participant accounts, with employer contributions averaging $4,915 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 10,352 comparable plans and shown alongside other construction employers. By assets it is the 40th-largest of 269 plans among Hawaii employers on file, and the 719th of 5,337 in construction.

Plan summary
Net assets, end of year$83,628,021
Participants with balances148
Active participants90
Employer contributions$442,313
Employee contributions—
Employer contribution per active participant$4,915
Average account balance$565,054
Benefits paid to participants$6,138,957
Plan auditUnmodified (clean) audit opinion
AuditorN&K CPAS, INC.
Plan history3
Yearassets · accounts · employer contribution
2024$83.6M · 148 accts · $442K emplr
2023$80.7M · 146 accts · $376K emplr
2022$74.3M · 152 accts · $485K emplr
Employer contributions to the Commercial Plumbing Inc. plan · 2024
Employer contribution per active participant$4,915
Median for plans this size$3,635
2024$4,915 per active participant
2023$4,229 per active participant
2022$5,214 per active participant

Commercial Plumbing Inc.'s 2024 employer contribution ran above the $3,635 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.

Administrative cost history3
2024Not separately reported
2023Not separately reported
2022Not separately reported
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Source: U.S. Department of Labor, Form 5500 series, EIN 990244853 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.