How much does Houchens Industries, Inc. contribute to its ESOP?

In 2024, employer contributions to the Houchens Industries, Inc. plan averaged $5,396 per active participant, above the $5,259 median for plans of similar size. Public filings report contribution dollars, not the match formula; the formula is in the plan's summary plan description.

What is the average account balance in the Houchens Industries, Inc. 401(k)?

The average participant account balance was $112,752 for plan year 2024, based on 19,746 accounts.

Houchens Industries, Inc.ESOP

Name: Houchens Industries, Inc. 401(k) plan: Form 5500 data
Creator: U.S. Department of Labor

HOUCHENS INDUSTRIES, INC. EMPLOYEE STOCK OWNERSHIP PLAN · BOWLING GREEN, KY · plan year 2024

Employer contribution per participant · 2024

$5,396

Houchens Industries, 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 $2,226,409,051 across 19,746 participant accounts, with employer contributions averaging $5,396 per active participant. See methodology for what Form 5500 does and doesn't capture.

The plan sits in the over $1B size bracket, benchmarked here against 1,229 comparable plans and shown alongside other retail trade employers. By assets it is the 5th-largest of 871 plans among Kentucky employers on file, and the 30th of 5,215 in retail trade. active participation has grown from 6,764 to 8,218 since 2022.

Plan summary
Net assets, end of year$2,226,409,051
Participants with balances19,746
Active participants8,218
Employer contributions$44,344,519
Employee contributions—
Employer contribution per active participant$5,396
Average account balance$112,752
Benefits paid to participants$115,319,222
Plan auditUnmodified (clean) audit opinion
AuditorFORVIS MAZARS, LLP

Plan history3

Yearassets · accounts · employer contribution

2024$2.2B · 19,746 accts · $44.3M emplr

2023$2.0B · 19,422 accts · $36.5M emplr

2022$1.8B · 18,475 accts · $31.8M emplr

Employer contributions to the Houchens Industries, Inc. plan · 2024

Employer contribution per active participant$5,396

Median for plans this size$5,259

2024$5,396 per active participant

2023$4,689 per active participant

2022$4,696 per active participant

Houchens Industries, Inc.'s 2024 employer contribution ran above the $5,259 median for plans its size. 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

Same employer

Houchens Industries, Inc.'s health & benefits plan: carriers, premiums & broker pay

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Source: U.S. Department of Labor, Form 5500 series, EIN 202505350 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.