Kelley Manufacturing Co.ESOP
KELLEY MANUFACTURING CO. EMPLOYEE STOCK OWNERSHIP PLAN · TIFTON, GA · plan year 2023
Kelley Manufacturing Co.'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 $28,517,476 across 224 participant accounts, with employer contributions averaging $12,703 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 26,779 comparable plans and shown alongside other manufacturing employers. By assets it is the 694th-largest of 2,160 plans among Georgia employers on file, and the 4,662nd of 13,661 in manufacturing. active participation has shrunk from 196 to 169 since 2021.
Kelley Manufacturing Co.'s 2023 employer contribution ran above the $2,440 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.
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Source: U.S. Department of Labor, Form 5500 series, EIN 581503716 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.