Palmer Holland, Inc.ESOP
PALMER HOLLAND, INC. EMPLOYEE STOCK OWNERSHIP PLAN · WESTLAKE, OH · plan year 2022
Palmer Holland, Inc.'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 $225,378,665 across 204 participant accounts, with employer contributions averaging $10,629 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 9,341 comparable plans and shown alongside other wholesale trade employers. By assets it is the 197th-largest of 3,295 plans among Ohio employers on file, and the 217th of 4,246 in wholesale trade.
Palmer Holland, Inc.'s 2022 employer contribution ran above the $3,449 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 340764574 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.