Plan Ledger DOL Form 5500 · updated monthly

Miller Castings, Inc.ESOP

MILLER CASTINGS, INC. EMPLOYEE STOCK OWNERSHIP PLAN · WHITTIER, CA · plan year 2024

Employer contribution per participant · 2024
$2,660

Miller Castings, 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 $28,632,647 across 597 participant accounts, with employer contributions averaging $2,660 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 manufacturing employers. By assets it is the 2,781st-largest of 9,483 plans among California employers on file, and the 4,647th of 13,661 in manufacturing.

Plan summary
Net assets, end of year$28,632,647
Participants with balances597
Active participants376
Employer contributions$1,000,000
Employee contributions—
Employer contribution per active participant$2,660
Average account balance$47,961
Benefits paid to participants$1,150,548
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$28.6M · 597 accts · $1.0M emplr
2023$26.2M · 628 accts · $743K emplr
2022$22.9M · 603 accts · $534K emplr
Employer contributions to the Miller Castings, Inc. plan · 2024
Employer contribution per active participant$2,660
Median for plans this size$2,416
2024$2,660 per active participant
2023$1,992 per active participant
2022$1,562 per active participant

Miller Castings, Inc.'s 2024 employer contribution ran above 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.

Administrative cost history3
2024Not separately reported
2023Not separately reported
2022Not separately reported
All plans at this employer2
MILLER CASTINGS, INC. 401(K) PLAN401(k)
MILLER CASTINGS, INC. EMPLOYEE STOCK OWNERSHIP PLANESOP
Same employer
Similar plansManufacturing · California
Kti Inc. CA$28.8M · 0.59%
La Specialty Produce Co. CA$28.8M · 0.41%
The Argen Corporation CA$28.4M · 0.24%

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Source: U.S. Department of Labor, Form 5500 series, EIN 952873159 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.