How much does Fred Weber, Inc. contribute to its ESOP?

In 2022, employer contributions to the Fred Weber, Inc. plan averaged $7,896 per active participant, above the $3,449 median for plans of similar size. Public filings report contribution dollars, not the match formula; the formula is in the plan's summary plan description.

What is the average account balance in the Fred Weber, Inc. 401(k)?

The average participant account balance was $319,722 for plan year 2022, based on 129 accounts.

Fred Weber, Inc.ESOP

Name: Fred Weber, Inc. 401(k) plan: Form 5500 data
Creator: U.S. Department of Labor

FRED WEBER, INC. EMPLOYEE STOCK OWNERSHIP PLAN · MARYLAND HEIGHTS, MO · plan year 2022

Employer contribution per participant · 2022

$7,896

Fred Weber, Inc.'s 2022 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 $41,244,133 across 129 participant accounts, with employer contributions averaging $7,896 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 9,341 comparable plans and shown alongside other construction employers. By assets it is the 368th-largest of 1,393 plans among Missouri employers on file, and the 1,211th of 5,337 in construction.

Plan summary
Net assets, end of year$41,244,133
Participants with balances129
Active participants65
Employer contributions$513,245
Employee contributions—
Employer contribution per active participant$7,896
Average account balance$319,722
Benefits paid to participants$8,877,597
Plan auditUnmodified (clean) audit opinion
AuditorFORVIS, LLP

Plan history3

Yearassets · accounts · employer contribution

2024$31.5M · 136 accts · $513K emplr

2023$34.8M · 139 accts · $513K emplr

2022$41.2M · 129 accts · $513K emplr

Employer contributions to the Fred Weber, Inc. plan · 2022

Employer contribution per active participant$7,896

Median for plans this size$3,449

2024$7,548 per active participant

2023$7,128 per active participant

2022$7,896 per active participant

Fred Weber, Inc.'s 2022 employer contribution ran above the $3,449 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.

Recordkeeper by year2

2024EPIC RPS

2023EPIC RPS

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3

2024Not separately reported

2023Not separately reported

2022Not separately reported

All plans at this employer2

FRED WEBER, INC. EMPLOYEE STOCK OWNERSHIP PLANESOP

FRED WEBER, INC. PROFIT SHARING AND 401(K) PLAN401(k)

Same employer

Fred Weber, Inc.'s health & benefits plan: carriers, premiums & broker pay

Similar plansConstruction · Missouri
Trustees of Glaziers Arch. Metal & Glasswkrs Lu 513 401K Spplmntl Rtrm MO$54.2M · 0.30%
Plumbers Local 8 Dc Plan MO$52.6M · 0.47%
Western Holding Group, Inc. MO$48.1M · 0.21%
Trustees of Construction Industry Laborers Smart Fund MO$43.3M · 1.15%
Sunlight Peak, Lllp dba Sak LLC MO$40.1M · 0.02%
Paric Corporation MO$39.8M · 0.22%
Adb Companies, LLC MO$38.0M · 0.62%
Keeley Construction Group, Inc. MO$36.4M · 0.49%

Why are you looking at this plan?

Compare
401(k) plans in Missouri
Worked here before? Find your old 401(k)
401(k) plans in Construction
Plans of similar size
Fee benchmarks by plan size

Source: U.S. Department of Labor, Form 5500 series, EIN 430626545 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.