Pacific Utility Installation, Inc.ESOP
PACIFIC UTILITY INSTALLATION, INC. EMPLOYEE STOCK OWNERSHIP PLAN · CORONA, CA · plan year 2024
Pacific Utility Installation, 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 $13,311,054 across 212 participant accounts, with employer contributions averaging $6,443 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 4,704th-largest of 9,483 plans among California employers on file, and the 2,654th of 5,337 in construction. active participation has grown from 101 to 147 since 2022.
Pacific Utility Installation, Inc.'s 2024 employer contribution ran above the $2,416 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.
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Source: U.S. Department of Labor, Form 5500 series, EIN 330741430 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.