Plan Ledger DOL Form 5500 · updated monthly

Freeport Welding & Fabricating, IncESOP

FREEPORT WELDING & FABRICATING, INC. EMPLOYEE STOCK OWNERSHIP PLAN · FREEPORT, TX · plan year 2022

Plan assets · 2022
$2.3M

Freeport Welding & Fabricating, 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 $2,299,286 across 177 participant accounts. See methodology for what Form 5500 does and doesn't capture.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Texas (4,808th of 5,688), and 12,678th of 13,661 in manufacturing.

Plan summary
Net assets, end of year$2,299,286
Participants with balances177
Active participants110
Employer contributions—
Employee contributions—
Employer contribution per active participant—
Average account balance$12,990
Benefits paid to participants$62,160
Plan auditUnmodified (clean) audit opinion
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Source: U.S. Department of Labor, Form 5500 series, EIN 741658530 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.