Plan Ledger DOL Form 5500 · updated monthly

Howard Building CorporationESOP

HOWARD BUILDING CORPORATION EMPLOYEE STOCK OWNERSHIP PLAN · LOS ANGELES, CA · plan year 2022

Employer contribution per participant · 2022
$19,630

Howard Building Corporation'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 $63,485,486 across 216 participant accounts, with employer contributions averaging $19,630 per active participant. See methodology for what Form 5500 does and doesn't capture.

The plan sits in the $50M–$250M size bracket, benchmarked here against 9,341 comparable plans and shown alongside other construction employers. By assets it is the 1,455th-largest of 9,483 plans among California employers on file, and the 884th of 5,337 in construction.

Plan summary
Net assets, end of year$63,485,486
Participants with balances216
Active participants160
Employer contributions$3,140,853
Employee contributions—
Employer contribution per active participant$19,630
Average account balance$293,914
Benefits paid to participants$740,201
Plan auditUnmodified (clean) audit opinion
AuditorGELMAN LLP
Plan history3
Yearassets · accounts · employer contribution
2024$53.2M · 212 accts · $2.0M emplr
2023$51.8M · 218 accts · $769K emplr
2022$63.5M · 216 accts · $3.1M emplr
Employer contributions to the Howard Building Corporation plan · 2022
Employer contribution per active participant$19,630
Median for plans this size$3,449
2024$13,873 per active participant
2023$5,059 per active participant
2022$19,630 per active participant

Howard Building Corporation's 2022 employer contribution ran above the $3,449 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
2024$20 · 0.00%
2023Not separately reported
2022Not separately reported
All plans at this employer2
HOWARD BUILDING CORP 401(K) PROFIT SHARING PLAN401(k)
HOWARD BUILDING CORPORATION EMPLOYEE STOCK OWNERSHIP PLANESOP
Same employer
Similar plansConstruction · California
Deacon Holdings, Inc. CA$65.2M · 0.28%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 953874749 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.