National Wire and Cable CorporationESOP
NATIONAL WIRE AND CABLE CORPORATION EMPLOYEE STOCK OWNERSHIP PLAN · LOS ANGELES, CA · plan year 2022
National Wire and Cable 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 $10,202,549 across 122 participant accounts, with employer contributions averaging $8,881 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 manufacturing employers. By assets it is among the smaller plans on file in California (5,395th of 9,483), and 8,693rd of 13,661 in manufacturing.
National Wire and Cable 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 951737503 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.