Garret Holdings, Inc.ESOP
GARRETT HOLDINGS, INC. EMPLOYEE STOCK OWNERSHIP PLAN · MOUNTAIN LAKE PARK, MD · plan year 2024
Garret 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 -$40,155,908 across 605 participant accounts, with employer contributions averaging $9,113 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 mining, oil & gas extraction employers. active participation has grown from 400 to 507 since 2022.
Garret 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.
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Source: U.S. Department of Labor, Form 5500 series, EIN 920339701 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.