Mlsc Holding Co. Inc.401(k) + ESOP (KSOP)
MLSC HOLDING CO., INC. EMPLOYEE STOCK OWNERSHIP PLAN AND TRUST · OREM, UT · plan year 2024
Mlsc Holding Co. 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 $83,663,337 across 1,007 participant accounts, with employer contributions averaging $3,209 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 wholesale trade employers. By assets it is the 101st-largest of 848 plans among Utah employers on file, and the 500th of 4,246 in wholesale trade. active participation has grown from 790 to 874 since 2022.
Mlsc Holding Co. Inc.'s 2024 employer contribution ran below the $3,635 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 262906608 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.