Fast Global Solutions, Inc.ESOP
FAST GLOBAL SOLUTIONS, INC. EMPLOYEE STOCK OWNERSHIP PLAN · GLENWOOD, MN · plan year 2024
Fast Global Solutions, 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 $99,660,899 across 627 participant accounts, with employer contributions averaging $15,104 per active participant. See methodology for what Form 5500 does and doesn't capture.
The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other manufacturing employers. By assets it is the 279th-largest of 1,918 plans among Minnesota employers on file, and the 1,920th of 13,661 in manufacturing. active participation has shrunk from 425 to 378 since 2022.
Fast Global Solutions, 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.
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Source: U.S. Department of Labor, Form 5500 series, EIN 411362835 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.