Plan Ledger DOL Form 5500 · updated monthly

Employee Owned ManufacturingESOP

EMPLOYEE OWNED MANUFACTURING EMPLOYEE STOCK OWNERSHIP PLAN · · plan year 2024

Reported admin expense ratio · 2024
0.01%

Peer grade: B · admin costs + employer contributions vs same-size plans · how grading works

Employee Owned Manufacturing reported $1,700 in plan administrative expenses for 2024: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,290 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is 8,402nd of 13,661 in manufacturing.

Plan summary
Net assets, end of year$10,902,083
Participants with balances145
Active participants115
Employer contributions$148,338
Employee contributions—
Employer contribution per active participant$1,290
Average account balance$75,187
Benefits paid to participants$313,867
Plan auditUnmodified (clean) audit opinion
AuditorWIPFLI LLP
Employer contributions to the Employee Owned Manufacturing plan · 2024
Employer contribution per active participant$1,290
Median for plans this size$2,416

Employee Owned Manufacturing's 2024 employer contribution ran below the $2,416 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.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2024$1,700 · 0.01%
Similar plansManufacturing
Cascade Wood Products Inc. OR$10.9M · 0.23%
Xmotors.Ai Inc. CA$10.9M · 0.11%
Low Temp Industries, Inc. GA$10.9M · 0.52%
Watertronics, LLC WI$10.9M · 0.29%
Ess Tech, Inc OR$10.9M · 0.12%

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Source: U.S. Department of Labor, Form 5500 series, EIN 931449423 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.