Plan Ledger DOL Form 5500 · updated monthly

Iewc Corp.ESOP

IEWC CORP. EMPLOYEE STOCK OWNERSHIP PLAN · NEW BERLIN, WI · plan year 2023

Employer contribution per participant · 2023
$22,138

Iewc Corp.'s 2023 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 $215,024,856 across 419 participant accounts, with employer contributions averaging $22,138 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 9,317 comparable plans and shown alongside other wholesale trade employers. By assets it is the 127th-largest of 1,936 plans among Wisconsin employers on file, and the 229th of 4,246 in wholesale trade.

Plan summary
Net assets, end of year$215,024,856
Participants with balances419
Active participants343
Employer contributions$7,593,352
Employee contributions—
Employer contribution per active participant$22,138
Average account balance$513,186
Benefits paid to participants$5,461,647
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$183.3M · 368 accts · $7.5M emplr
2023$215.0M · 419 accts · $7.6M emplr
2022$146.9M · 386 accts · $7.3M emplr
Employer contributions to the Iewc Corp. plan · 2023
Employer contribution per active participant$22,138
Median for plans this size$3,659
2024$23,141 per active participant
2023$22,138 per active participant
2022$19,917 per active participant

Iewc Corp.'s 2023 employer contribution ran above the $3,659 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
2022$30 · 0.00%
All plans at this employer2
IEWC CORP. EMPLOYEE STOCK OWNERSHIP PLANESOP
IEWC CORP. 401(K) PLAN401(k)
Same employer
Similar plansWholesale Trade · Wisconsin
Uline, Inc. WI$968.3M · 0.06%
U.S. Venture, Inc. WI$398.9M · 0.15%
Direct Supply, Inc. WI$346.1M · 0.07%
Brp US Inc. WI$158.6M · 0.24%
Gordon Flesch Company, Inc. WI$153.5M · 0.08%
Lemans Corporation WI$122.3M · 0.22%
Russel Metals Inc. WI$118.4M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 390987362 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.