Plan Ledger DOL Form 5500 · updated monthly

Meyer & Najem Inc.ESOP

MEYER NAJEM INC. EMPLOYEE STOCK OWNERSHIP PLAN · FISHERS, IN · plan year 2024

Employer contribution per participant · 2024
$749

Meyer & Najem 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 $21,291,660 across 140 participant accounts, with employer contributions averaging $749 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 540th-largest of 1,562 plans among Indiana employers on file, and the 1,939th of 5,337 in construction.

Plan summary
Net assets, end of year$21,291,660
Participants with balances140
Active participants142
Employer contributions$106,400
Employee contributions—
Employer contribution per active participant$749
Average account balance$152,083
Plan auditUnmodified (clean) audit opinion
AuditorKATZ, SAPPER & MILLER LLP
Employer contributions to the Meyer & Najem Inc. plan · 2024
Employer contribution per active participant$749
Median for plans this size$2,416

Meyer & Najem Inc.'s 2024 employer contribution ran below the $2,416 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.

All plans at this employer2
MEYER NAJEM 401K PROFIT SHARING PLAN401(k)
MEYER NAJEM INC. EMPLOYEE STOCK OWNERSHIP PLANESOP
Same employer
Meyer & Najem Inc.'s health & benefits plan: carriers, premiums & broker pay
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Source: U.S. Department of Labor, Form 5500 series, EIN 351712644 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.