How much does Mbk Enterprises, Inc. contribute to its ESOP?

In 2024, employer contributions to the Mbk Enterprises, Inc. plan averaged $1,641 per active participant, below the $3,635 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 Mbk Enterprises, Inc. 401(k)?

The average participant account balance was $492,581 for plan year 2024, based on 132 accounts.

Mbk Enterprises, Inc.ESOP

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

MILLSTONE WEBER EMPLOYEE STOCK OWNERSHIP PLAN · ST. CHARLES, MO · plan year 2024

Employer contribution per participant · 2024

$1,641

Mbk Enterprises, 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 $65,020,689 across 132 participant accounts, with employer contributions averaging $1,641 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 274th-largest of 1,393 plans among Missouri employers on file, and the 871st of 5,337 in construction.

Plan summary
Net assets, end of year$65,020,689
Participants with balances132
Active participants134
Employer contributions$219,849
Employee contributions—
Employer contribution per active participant$1,641
Average account balance$492,581
Benefits paid to participants$159,899
Plan auditUnmodified (clean) audit opinion
AuditorLOPATA, FLEGEL & COMPANY, LLP

Employer contributions to the Mbk Enterprises, Inc. plan · 2024

Employer contribution per active participant$1,641

Median for plans this size$3,635

Mbk Enterprises, Inc.'s 2024 employer contribution ran below the $3,635 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 431841430 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.