Plan Ledger DOL Form 5500 · updated monthly

Lamp Metal Trusses, Inc.ESOP

MATANDY STEEL EMPLOYEE STOCK OWNERSHIP PLAN · HAMILTON, OH · plan year 2024

Employer contribution per participant · 2024
$18,942

Lamp Metal Trusses, 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 $30,524,107 across 129 participant accounts, with employer contributions averaging $18,942 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 962nd-largest of 3,295 plans among Ohio employers on file, and the 1,510th of 5,337 in construction.

Plan summary
Net assets, end of year$30,524,107
Participants with balances129
Active participants122
Employer contributions$2,310,968
Employee contributions—
Employer contribution per active participant$18,942
Average account balance$236,621
Benefits paid to participants$42,526
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$30.5M · 129 accts · $2.3M emplr
2023$18.8M · $2.3M emplr
2022$-3.2M · 114 accts · $2.6M emplr
Employer contributions to the Lamp Metal Trusses, Inc. plan · 2024
Employer contribution per active participant$18,942
Median for plans this size$2,416
2024$18,942 per active participant
2023$18,883 per active participant
2022$22,794 per active participant

Lamp Metal Trusses, 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.

Administrative cost history3
2024Not separately reported
2023Not separately reported
2022Not separately reported
Similar plansConstruction · Ohio
Mvo Holdings, LLC OH$32.9M · 0.23%
Gerken Materials, Inc. OH$31.4M · 0.08%
Adena Corporation OH$29.7M · 0.42%
Shook Construction Co. OH$29.2M · 0.20%

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Source: U.S. Department of Labor, Form 5500 series, EIN 453581548 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.