How much does Cornerstone Controls, Inc. contribute to its ESOP?

In 2024, employer contributions to the Cornerstone Controls, Inc. plan averaged $10,020 per active participant, above the $3,635 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 Cornerstone Controls, Inc. 401(k)?

The average participant account balance was $451,476 for plan year 2024, based on 202 accounts.

Cornerstone Controls, Inc.ESOP

Name: Cornerstone Controls, Inc. 401(k) plan: Form 5500 data
Creator: U.S. Department of Labor

CORNERSTONE CONTROLS, INC. EMPLOYEE STOCK OWNERSHIP PLAN · CINCINNATI, OH · plan year 2024

Employer contribution per participant · 2024

$10,020

Cornerstone Controls, 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 $91,198,070 across 202 participant accounts, with employer contributions averaging $10,020 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 wholesale trade employers. By assets it is the 397th-largest of 3,295 plans among Ohio employers on file, and the 457th of 4,246 in wholesale trade. active participation has grown from 139 to 170 since 2022.

Plan summary
Net assets, end of year$91,198,070
Participants with balances202
Active participants170
Employer contributions$1,703,342
Employee contributions—
Employer contribution per active participant$10,020
Average account balance$451,476
Benefits paid to participants$1,043,233
Plan auditUnmodified (clean) audit opinion
AuditorKATZ SAPPER & MILLER

Plan history3

Yearassets · accounts · employer contribution

2024$91.2M · 202 accts · $1.7M emplr

2023$66.1M · 186 accts · $1.7M emplr

2022$48.1M · 178 accts · $1.5M emplr

Employer contributions to the Cornerstone Controls, Inc. plan · 2024

Employer contribution per active participant$10,020

Median for plans this size$3,635

2024$10,020 per active participant

2023$10,911 per active participant

2022$10,672 per active participant

Cornerstone Controls, Inc.'s 2024 employer contribution ran above the $3,635 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

2024The Standard

2023The Standard

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3

2024Not separately reported

2023Not separately reported

2022Not separately reported

All plans at this employer2

CORNERSTONE CONTROLS 401(K) PLAN401(k)

CORNERSTONE CONTROLS, INC. EMPLOYEE STOCK OWNERSHIP PLANESOP

Same employer

Cornerstone Controls, Inc.'s health & benefits plan: carriers, premiums & broker pay

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Source: U.S. Department of Labor, Form 5500 series, EIN 352156544 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.