How much does Itamco, Inc. contribute to its ESOP?

In 2024, employer contributions to the Itamco, Inc. plan averaged $166 per active participant, below the $1,313 median for plans of similar size. Public filings report contribution dollars, not the match formula; the formula is in the plan's summary plan description.

What is the average account balance in the Itamco, Inc. 401(k)?

The average participant account balance was $12,226 for plan year 2024, based on 132 accounts.

Itamco, Inc.ESOP

Name: Itamco, Inc. 401(k) plan: Form 5500 data
Creator: U.S. Department of Labor

ITAMCO, INC. EMPLOYEE STOCK OWNERSHIP PLAN · PLYMOUTH, IN · plan year 2024

Employer contribution per participant · 2024

$166

Itamco, 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 $1,613,814 across 132 participant accounts, with employer contributions averaging $166 per active participant. See methodology for what Form 5500 does and doesn't capture.

The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Indiana (1,437th of 1,562), and 13,000th of 13,661 in manufacturing.

Plan summary
Net assets, end of year$1,613,814
Participants with balances132
Active participants126
Employer contributions$20,895
Employee contributions—
Employer contribution per active participant$166
Average account balance$12,226
Plan auditUnmodified (clean) audit opinion
AuditorSTAMBAUGH NESS, INC

Employer contributions to the Itamco, Inc. plan · 2024

Employer contribution per active participant$166

Median for plans this size$1,313

Itamco, Inc.'s 2024 employer contribution ran below the $1,313 median for plans its size, in the bottom 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.

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Source: U.S. Department of Labor, Form 5500 series, EIN 994314120 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.