PSC Holdings, Inc.401(k) + ESOP (KSOP)
PRODUCERS SERVICE EMPLOYEE STOCK OWNERSHIP PLAN AND TRUST · ZANESVILLE, OH · plan year 2022
PSC Holdings, 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 $23,720,408 across 219 participant accounts, with employer contributions averaging $17,520 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 mining, oil & gas extraction employers. By assets it is the 1,172nd-largest of 3,295 plans among Ohio employers on file, and the 283rd of 612 in mining, oil & gas extraction. In 2022, the employer put in $5.60 for every $1.00 employees contributed themselves.
PSC Holdings, Inc.'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 264059391 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.