Plan Ledger DOL Form 5500 · updated monthly

Hydraulic Controls, Inc.ESOP

HYDRAULIC CONTROLS, INC. EMPLOYEE STOCK OWNERSHIP PLAN · CONCORD, CA · plan year 2024

Employer contribution per participant · 2024
$17,051

Hydraulic Controls, 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 $41,097,803 across 225 participant accounts, with employer contributions averaging $17,051 per active participant. See methodology for what Form 5500 does and doesn't capture.

The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other wholesale trade employers. By assets it is the 2,081st-largest of 9,483 plans among California employers on file, and the 1,004th of 4,246 in wholesale trade.

Plan summary
Net assets, end of year$41,097,803
Participants with balances225
Active participants137
Employer contributions$2,336,000
Employee contributions—
Employer contribution per active participant$17,051
Average account balance$182,657
Benefits paid to participants$2,610,907
Plan auditUnmodified (clean) audit opinion
AuditorAPRIO LLP
Plan history3
Yearassets · accounts · employer contribution
2024$41.1M · 225 accts · $2.3M emplr
2023$38.1M · 218 accts · $1.5M emplr
2022$34.6M · 216 accts · $2.1M emplr
Employer contributions to the Hydraulic Controls, Inc. plan · 2024
Employer contribution per active participant$17,051
Median for plans this size$2,416
2024$17,051 per active participant
2023$10,796 per active participant
2022$15,691 per active participant

Hydraulic Controls, Inc.'s 2024 employer contribution ran above the $2,416 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.

Recordkeeper by year2
2024ADP, Bank of America / Merrill
2023ADP, Bank of America / Merrill

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Administrative cost history3
2024Not separately reported
2023Not separately reported
2022Not separately reported
All plans at this employer2
HYDRAULIC CONTROLS, INC. 401(K) PLAN401(k)
HYDRAULIC CONTROLS, INC. EMPLOYEE STOCK OWNERSHIP PLANESOP
Same employer
Similar plansWholesale Trade · California
Slakey Brothers, Inc. CA$41.6M · 0.23%
Heimark Distributing, LLC CA$41.5M · 0.09%
Mxr Imaging, Inc. CA$40.0M · 0.30%
E & E Co., LTD CA$39.7M · 0.21%

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Source: U.S. Department of Labor, Form 5500 series, EIN 930702234 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.