Marathon Electrical Holdings, Inc.ESOP
MARATHON ELECTRICAL HOLDINGS, INC. EMPLOYEE STOCK OWNERSHIP PLAN · IRONDALE, AL · plan year 2024
Marathon Electrical Holdings, 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 $52,737,041 across 461 participant accounts, with employer contributions averaging $1,907 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 139th-largest of 902 plans among Alabama employers on file, and the 1,016th of 5,337 in construction.
Marathon Electrical Holdings, Inc.'s 2024 employer contribution ran below the $2,416 median for plans its size. 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 832954118 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.