IGS INDUSTRIES INC. EMPLOYEE STOCK OWNERSHIP PLAN · MEADOW LANDS, PA · plan year 2023
Plan assets · 2023
$5.8M
Igs Industries, Inc.'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 $5,764,207 across 112 participant accounts. See methodology for what Form 5500 does and doesn't capture.
The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Pennsylvania (2,780th of 3,651), and 10,816th of 13,661 in manufacturing.
Plan summary
Net assets, end of year$5,764,207
Participants with balances112
Active participants74
Employer contributions—
Employee contributions—
Employer contribution per active participant—
Average account balance$51,466
Benefits paid to participants$469,790
Plan auditUnmodified (clean) audit opinion
AuditorS & S CPAS LLP
Plan history3
Yearassets · accounts · employer contribution
2024$5.4M · 106 accts
2023$5.8M · 112 accts
2022$5.0M · 125 accts · $275K emplr
Administrative cost history3
2024Not separately reported
2023Not separately reported
2022Not separately reported
All plans at this employer2
IGS INDUSTRIES, INC. 401(K) PLAN401(k)
IGS INDUSTRIES INC. EMPLOYEE STOCK OWNERSHIP PLANESOP
Source: U.S. Department of Labor, Form 5500 series, EIN 251102726 ·
Verify on EFAST2 ·
Amounts are as reported by the plan sponsor for the plan year shown.