How much does Denbow Company, Inc. contribute to its ESOP?

In 2024, employer contributions to the Denbow Company, Inc. plan averaged $5,871 per active participant, above the $2,416 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 Denbow Company, Inc. 401(k)?

The average participant account balance was $282,547 for plan year 2024, based on 267 accounts.

Denbow Company, Inc.ESOP

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

DENBOW COMPANY ESOP · DRIPPING SPRINGS, TX · plan year 2024

Employer contribution per participant · 2024

$5,871

Denbow Company, 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 $75,439,997 across 267 participant accounts, with employer contributions averaging $5,871 per active participant. See methodology for what Form 5500 does and doesn't capture.

The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other construction employers. By assets it is the 795th-largest of 5,688 plans among Texas employers on file, and the 778th of 5,337 in construction. active participation has grown from 151 to 241 since 2022.

Plan summary
Net assets, end of year$75,439,997
Participants with balances267
Active participants241
Employer contributions$1,414,925
Employee contributions—
Employer contribution per active participant$5,871
Average account balance$282,547
Benefits paid to participants$146,319
Plan auditUnmodified (clean) audit opinion
AuditorSBNG, PC

Plan history3

Yearassets · accounts · employer contribution

2024$75.4M · 267 accts · $1.4M emplr

2023$12.5M · 233 accts · $2.0M emplr

2022$-17.7M · 176 accts · $1.3M emplr

Employer contributions to the Denbow Company, Inc. plan · 2024

Employer contribution per active participant$5,871

Median for plans this size$2,416

2024$5,871 per active participant

2023$9,388 per active participant

2022$8,417 per active participant

Denbow Company, Inc.'s 2024 employer contribution ran above the $2,416 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

All plans at this employer2

DENBOW COMPANY, INC. 401(K) PLAN401(k)

DENBOW COMPANY ESOPESOP

Same employer

Denbow Company, Inc.'s health & benefits plan: carriers, premiums & broker pay

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Source: U.S. Department of Labor, Form 5500 series, EIN 273816184 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.