G & L Holdings, Inc.ESOP
G & L HOLDINGS, INC. EMPLOYEE STOCK OWNERSHIP PLAN · DOVER, DE · plan year 2024
G & L Holdings, 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 $1,127,199 across 173 participant accounts, with employer contributions averaging $3,973 per active participant. See methodology for what Form 5500 does and doesn't capture.
The plan sits in the under $1M size bracket, benchmarked here against 1,109 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in Delaware (228th of 242), and 5,081st of 5,337 in construction.
G & L Holdings, Inc.'s 2024 employer contribution ran above the $540 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.
Why are you looking at this plan?
Source: U.S. Department of Labor, Form 5500 series, EIN 510060322 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.