Plan Ledger DOL Form 5500 · updated monthly

Higley Construction Holdings IncESOP

THE ALBERT M. HIGLEY CO. EMPLOYEE STOCK OWNERSHIP PLAN · CLEVELAND, OH · plan year 2024

Employer contribution per participant · 2024
$35,692

Higley Construction 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 -$18,083,201 across 136 participant accounts, with employer contributions averaging $35,692 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.

Plan summary
Net assets, end of year-$18,083,201
Participants with balances136
Active participants136
Employer contributions$4,854,062
Employee contributions—
Employer contribution per active participant$35,692
Average account balance-$132,965
Plan auditUnmodified (clean) audit opinion
Employer contributions to the Higley Construction Holdings Inc plan · 2024
Employer contribution per active participant$35,692
Median for plans this size$540

Higley Construction 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 394465926 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.