Menlo Acquisition CorporationESOP
MENLO ACQUISITION CORPORATION EMPLOYEE STOCK OWNERSHIP PLAN · PARSIPPANY, NJ · plan year 2022
Menlo Acquisition Corporation's 2022 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 $15,924,344 across 106 participant accounts, with employer contributions averaging $6,250 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 26,806 comparable plans and shown alongside other professional & technical services employers. By assets it is the 1,198th-largest of 2,419 plans among New Jersey employers on file, and 6,360th of 11,654 in professional & technical services.
Menlo Acquisition Corporation's 2022 employer contribution ran above the $2,266 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.
Why are you looking at this plan?
Source: U.S. Department of Labor, Form 5500 series, EIN 770332937 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.