Plan Ledger DOL Form 5500 · updated monthly

Fcl Holdings, Inc.ESOP

FCL HOLDINGS, INC. EMPLOYEE STOCK OWNERSHIP PLAN · ITASCA, IL · plan year 2023

Employer contribution per participant · 2023
$5,735

Fcl Holdings, 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 $70,427,133 across 288 participant accounts, with employer contributions averaging $5,735 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 9,317 comparable plans and shown alongside other construction employers. By assets it is the 717th-largest of 3,702 plans among Illinois employers on file, and the 826th of 5,337 in construction.

Plan summary
Net assets, end of year$70,427,133
Participants with balances288
Active participants287
Employer contributions$1,645,838
Employee contributions—
Employer contribution per active participant$5,735
Average account balance$244,539
Benefits paid to participants$1,390,384
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$54.4M · 315 accts · $267K emplr
2023$70.4M · 288 accts · $1.6M emplr
2022$63.4M · 306 accts · $565K emplr
Employer contributions to the Fcl Holdings, Inc. plan · 2023
Employer contribution per active participant$5,735
Median for plans this size$3,659
2024$1,054 per active participant
2023$5,735 per active participant
2022$1,852 per active participant

Fcl Holdings, Inc.'s 2023 employer contribution ran above the $3,659 median for plans its size. 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 history3
2024Not separately reported
2023Not separately reported
2022Not separately reported
Similar plansConstruction · Illinois
Helm Group, Inc. IL$76.6M · 0.19%
Rathje Enterprises, Inc. IL$76.1M · 0.25%
The McShane Companies IL$62.2M · 0.02%
Korte Construction Company IL$61.0M · 0.14%

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Source: U.S. Department of Labor, Form 5500 series, EIN 832956653 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.