Plan Ledger DOL Form 5500 · updated monthly

Ohio Valley Electrical Services, Inc.ESOP

OHIO VALLEY ELECTRICAL SERVICES, INC. EMPLOYEE STOCK OWNERSHIP PLAN · BLUE ASH, OH · plan year 2024

Employer contribution per participant · 2024
$2,216

Ohio Valley Electrical Services, 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 $15,914,178 across 171 participant accounts, with employer contributions averaging $2,216 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 1,547th-largest of 3,295 plans among Ohio employers on file, and the 2,357th of 5,337 in construction. active participation has grown from 122 to 141 since 2022.

Plan summary
Net assets, end of year$15,914,178
Participants with balances171
Active participants141
Employer contributions$312,477
Employee contributions—
Employer contribution per active participant$2,216
Average account balance$93,065
Benefits paid to participants$35,743
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$15.9M · 171 accts · $312K emplr
2023$8.7M · 148 accts · $315K emplr
2022$7.3M · 134 accts · $295K emplr
Employer contributions to the Ohio Valley Electrical Services, Inc. plan · 2024
Employer contribution per active participant$2,216
Median for plans this size$2,416
2024$2,216 per active participant
2023$2,405 per active participant
2022$2,419 per active participant

Ohio Valley Electrical Services, Inc.'s 2024 employer contribution ran below 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.

Recordkeeper by year2
2024Nationwide
2023Nationwide

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Administrative cost history3
2024Not separately reported
2023Not separately reported
2022$20 · 0.00%
All plans at this employer2
OHIO VALLEY ELECTRICAL SERVICES, INC. 401(K) RETIREMENT PLAN401(k)
OHIO VALLEY ELECTRICAL SERVICES, INC. EMPLOYEE STOCK OWNERSHIP PLANESOP
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Source: U.S. Department of Labor, Form 5500 series, EIN 010706901 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.