Plan Ledger DOL Form 5500 · updated monthly

Hollywood Woodwork, Inc.ESOP

HOLLYWOOD WOODWORK, INC. EMPLOYEE STOCK OWNERSHIP PLAN · HOLLYWOOD, FL · plan year 2022

Employer contribution per participant · 2022
$3,827

Hollywood Woodwork, 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 $3,927,640 across 179 participant accounts, with employer contributions averaging $3,827 per active participant. 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 Florida (2,702nd of 3,644), and 11,776th of 13,661 in manufacturing.

Plan summary
Net assets, end of year$3,927,640
Participants with balances179
Active participants75
Employer contributions$287,000
Employee contributions—
Employer contribution per active participant$3,827
Average account balance$21,942
Benefits paid to participants$286,497
Plan auditUnmodified (clean) audit opinion
AuditorKSDT - CPA
Plan history3
Yearassets · accounts · employer contribution
2024$1.8M · 192 accts · $236K emplr
2023$3.7M · 184 accts · $200K emplr
2022$3.9M · 179 accts · $287K emplr
Employer contributions to the Hollywood Woodwork, Inc. plan · 2022
Employer contribution per active participant$3,827
Median for plans this size$1,114
2024$2,810 per active participant
2023$2,439 per active participant
2022$3,827 per active participant

Hollywood Woodwork, Inc.'s 2022 employer contribution ran above the $1,114 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.

Administrative cost history3
2024Not separately reported
2023Not separately reported
2022Not separately reported
All plans at this employer2
HOLLYWOOD WOODWORK, INC. 401(K) PROFIT SHARING PLAN401(k)
HOLLYWOOD WOODWORK, INC. EMPLOYEE STOCK OWNERSHIP PLANESOP
Similar plansManufacturing · Florida
Morton Electric, Inc. FL$4.0M · 0.30%
Emf, Inc. FL$4.0M · 0.75%
Hatalom Corporation FL$3.7M · 0.52%
Nordis, LLC FL$3.7M · 0.71%

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Source: U.S. Department of Labor, Form 5500 series, EIN 591203360 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.