Irondale Industrial Contractors, Inc.ESOP
IRONDALE INDUSTRIAL CONTRACTORS, INC. EMPLOYEE STOCK OWNERSHIP PLAN · BIRMINGHAM, AL · plan year 2024
Irondale Industrial Contractors, 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 $17,595,747 across 125 participant accounts, with employer contributions averaging $11,336 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 construction employers. By assets it is the 328th-largest of 902 plans among Alabama employers on file, and the 2,214th of 5,337 in construction. active participation has grown from 40 to 58 since 2022.
Irondale Industrial Contractors, 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.
Why are you looking at this plan?
Source: U.S. Department of Labor, Form 5500 series, EIN 631025291 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.