Plan Ledger DOL Form 5500 · updated monthly

Equipment & Controls, Inc.ESOP

EQUIPMENT & CONTROLS, INC. EMPLOYEE STOCK SAVINGS PLAN · LAWRENCE, PA · plan year 2024

Reported admin expense ratio · 2024
0.00%

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

Equipment & Controls, Inc. reported $69 in plan administrative expenses for 2024: 0.00% of average plan assets, lower than ~75% of peers. Employer contributions averaged $11,053 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.

Across the 2 years on file its reported administrative ratio fell from 0.000% to 0.000%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other management of companies employers. By assets it is the 518th-largest of 3,651 plans among Pennsylvania employers on file, and the 215th of 786 in management of companies. active participation has grown from 251 to 334 since 2022.

Plan summary
Net assets, end of year$88,400,886
Participants with balances319
Active participants334
Employer contributions$3,691,816
Employee contributions—
Employer contribution per active participant$11,053
Average account balance$277,119
Benefits paid to participants$5,584,612
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$88.4M · 319 accts · $3.7M emplr
2023$77.3M · 262 accts · $3.6M emplr
2022$66.7M · 262 accts · $3.0M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$69
Total administrative$69
Employer contributions to the Equipment & Controls, Inc. plan · 2024
Employer contribution per active participant$11,053
Median for plans this size$3,635
2024$11,053 per active participant
2023$11,341 per active participant
2022$12,043 per active participant

Equipment & Controls, Inc.'s 2024 employer contribution ran above the $3,635 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.

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 history3
2024$69 · 0.00%
2023Not separately reported
2022$272 · 0.00%
All plans at this employer2
EQUIPMENT & CONTROLS, INC. EMPLOYEE STOCK SAVINGS PLANESOP
EQUIPMENT & CONTROLS, INC. 401(K) RETIREMENT PLAN401(k)
Same employer
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Armstrong Holdings, Inc. PA$168.4M · 0.14%
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Burnham Holdings, Inc. PA$67.0M · 0.12%
Pace Resources, Inc. PA$56.6M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 251234311 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.