Plan Ledger DOL Form 5500 · updated monthly

Jrm Construction ManagementESOP

JRM CONSTRUCTION MANAGEMENT EMPLOYEE STOCK OWNERSHIP PLAN · NEW YORK, NY · plan year 2024

Employer contribution per participant · 2024
$11,343

Jrm Construction Management'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 $64,200,510 across 643 participant accounts, with employer contributions averaging $11,343 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 10,352 comparable plans and shown alongside other construction employers. By assets it is the 1,143rd-largest of 5,648 plans among New York employers on file, and the 880th of 5,337 in construction. active participation has grown from 391 to 596 since 2022.

Plan summary
Net assets, end of year$64,200,510
Participants with balances643
Active participants596
Employer contributions$6,760,543
Employee contributions—
Employer contribution per active participant$11,343
Average account balance$99,845
Benefits paid to participants$543,137
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$64.2M · 643 accts · $6.8M emplr
2023$42.8M · 511 accts · $6.3M emplr
2022$15.0M · 490 accts · $6.3M emplr
Employer contributions to the Jrm Construction Management plan · 2024
Employer contribution per active participant$11,343
Median for plans this size$3,635
2024$11,343 per active participant
2023$13,414 per active participant
2022$16,087 per active participant

Jrm Construction Management's 2024 employer contribution ran above the $3,635 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
2022Not separately reported
All plans at this employer2
JRM CONSTRUCTION MANAGEMENT 401K PLAN401(k)
JRM CONSTRUCTION MANAGEMENT EMPLOYEE STOCK OWNERSHIP PLANESOP
Same employer
Similar plansConstruction · New York
J.T. Magen & Company Inc. NY$64.8M · 0.22%
O'Connell Electric Co. NY$58.8M · 0.30%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 208783504 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.