Excel Machinery Employee Stock Ownership PlanESOP
EXCEL MACHINERY EMPLOYEE STOCK OWNERSHIP PLAN · AMARILLIO, TX · plan year 2024
Peer grade: A · admin costs + employer contributions vs same-size plans · how grading works
Excel Machinery Employee Stock Ownership Plan reported $28,426 in plan administrative expenses for 2024: 0.11% of average plan assets, lower than ~75% of peers. Employer contributions averaged $10,653 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 3 years on file its reported administrative ratio has held roughly steady near 0.109%. 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 the 1,638th-largest of 5,688 plans among Texas employers on file, and the 4,791st of 13,661 in manufacturing. active participation has grown from 83 to 94 since 2022.
Excel Machinery Employee Stock Ownership Plan's 2024 employer contribution ran above the $2,416 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.
Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.
Why are you looking at this plan?
Source: U.S. Department of Labor, Form 5500 series, EIN 860848813 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.