Plan Ledger DOL Form 5500 · updated monthly

Electronic Interface Company, Inc.ESOP

APPLIED ENGINEERING EMPLOYEE STOCK OWNERSHIP PLAN · SAN JOSE, CA · plan year 2022

Employer contribution per participant · 2022
$11,874

Electronic Interface Company, 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 $2,385,878 across 117 participant accounts, with employer contributions averaging $11,874 per active participant. See methodology for what Form 5500 does and doesn't capture.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other wholesale trade employers. By assets it is among the smaller plans on file in California (8,130th of 9,483), and 3,996th of 4,246 in wholesale trade.

Plan summary
Net assets, end of year$2,385,878
Participants with balances117
Active participants64
Employer contributions$759,913
Employee contributions—
Employer contribution per active participant$11,874
Average account balance$20,392
Benefits paid to participants$304,019
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$0
2022$2.4M · 117 accts · $760K emplr
Employer contributions to the Electronic Interface Company, Inc. plan · 2022
Employer contribution per active participant$11,874
Median for plans this size$1,114

Electronic Interface Company, Inc.'s 2022 employer contribution ran above the $1,114 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 history2
2023Not separately reported
2022Not separately reported
Similar plansWholesale Trade · California
Kitayama Brothers, Inc. CA$2.7M · 0.53%
Loewy Enterprises CA$2.6M · 0.11%
Earl's Organic Produce CA$2.4M · 0.81%
Revolution Foods, Inc CA$2.2M · 1.45%
Peterman Lumber Inc. CA$2.1M · 0.99%
Better Earth Inc. CA$2.1M · 0.45%

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Source: U.S. Department of Labor, Form 5500 series, EIN 942615382 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.