David Clark Holdings, Inc.ESOP
DAVID CLARK EMPLOYEE STOCK OWNERSHIP PLAN · WORCESTER, MA · plan year 2023
David Clark 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 $151,838,193 across 250 participant accounts, with employer contributions averaging $14,747 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 9,317 comparable plans and shown alongside other manufacturing employers. By assets it is the 326th-largest of 2,726 plans among Massachusetts employers on file, and the 1,405th of 13,661 in manufacturing. active participation has grown from 208 to 230 since 2022.
David Clark Holdings, Inc.'s 2023 employer contribution ran above the $3,659 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.
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Source: U.S. Department of Labor, Form 5500 series, EIN 844259761 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.