How much does Employee Owned Brands, Inc. contribute to its ESOP?

In 2024, employer contributions to the Employee Owned Brands, Inc. plan averaged $505 per active participant, below the $4,294 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 Employee Owned Brands, Inc. 401(k)?

The average participant account balance was $1,033,267 for plan year 2024, based on 847 accounts.

Employee Owned Brands, Inc.ESOP

Name: Employee Owned Brands, Inc. 401(k) plan: Form 5500 data
Creator: U.S. Department of Labor

EMPLOYEE OWNED BRANDS, INC. EMPLOYEE STOCK OWNERSHIP PLAN · FAIRFIELD, IA · plan year 2024

Employer contribution per participant · 2024

$505

Employee Owned Brands, 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 $875,177,181 across 847 participant accounts, with employer contributions averaging $505 per active participant. See methodology for what Form 5500 does and doesn't capture.

The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other manufacturing employers. By assets it is the 10th-largest of 878 plans among Iowa employers on file, and the 369th of 13,661 in manufacturing.

Plan summary
Net assets, end of year$875,177,181
Participants with balances847
Active participants799
Employer contributions$403,636
Employee contributions—
Employer contribution per active participant$505
Average account balance$1,033,267
Benefits paid to participants$165,927,598
Plan auditUnmodified (clean) audit opinion
AuditorRSM US LLP

Plan history3

Yearassets · accounts · employer contribution

2024$875.2M · 847 accts · $404K emplr

2023$861.3M · 867 accts · $521K emplr

2022$682.5M · 843 accts · $799K emplr

Employer contributions to the Employee Owned Brands, Inc. plan · 2024

Employer contribution per active participant$505

Median for plans this size$4,294

2024$505 per active participant

2023$640 per active participant

2022$1,020 per active participant

Employee Owned Brands, Inc.'s 2024 employer contribution ran below the $4,294 median for plans its size, in the bottom 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

EMPLOYEE OWNED BRANDS, INC. 401(K) PLAN401(k)

EMPLOYEE OWNED BRANDS, INC. EMPLOYEE STOCK OWNERSHIP PLANESOP

Same employer

Employee Owned Brands, Inc.'s health & benefits plan: carriers, premiums & broker pay

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Source: U.S. Department of Labor, Form 5500 series, EIN 420990485 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.