Plan Ledger DOL Form 5500 · updated monthly

Encore Image Group, Inc.ESOP

ENCORE IMAGE GROUP, INC. EMPLOYEE STOCK OWNERSHIP PLAN · ONTARIO, CA · plan year 2023

Employer contribution per participant · 2023
$12,415

Encore Image Group, 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 -$1,008,720 across 60 participant accounts, with employer contributions averaging $12,415 per active participant. See methodology for what Form 5500 does and doesn't capture.

The plan sits in the under $1M size bracket, benchmarked here against 1,192 comparable plans and shown alongside other manufacturing employers.

Plan summary
Net assets, end of year-$1,008,720
Participants with balances60
Active participants24
Employer contributions$297,956
Employee contributions—
Employer contribution per active participant$12,415
Average account balance-$16,812
Benefits paid to participants$45,225
Plan auditUnmodified (clean) audit opinion
AuditorNGP & ASSOCIATES
Plan history2
Yearassets · accounts · employer contribution
2023$-1.0M · 60 accts · $298K emplr
2022$-1.1M · 129 accts · $266K emplr
Employer contributions to the Encore Image Group, Inc. plan · 2023
Employer contribution per active participant$12,415
Median for plans this size$522
2023$12,415 per active participant
2022$11,556 per active participant

Encore Image Group, Inc.'s 2023 employer contribution ran above the $522 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

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Source: U.S. Department of Labor, Form 5500 series, EIN 953765711 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.