Plan Ledger DOL Form 5500 · updated monthly

R.C. Moore, Inc.ESOP

R.C. MOORE, INC. EMPLOYEE STOCK OWNERSHIP PLAN · SCARBOROUGH, ME · plan year 2023

Employer contribution per participant · 2023
$206

R.C. Moore, Inc.'s 2023 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 $22,007,128 across 254 participant accounts, with employer contributions averaging $206 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 26,779 comparable plans and shown alongside other transportation & warehousing employers. By assets it is the 131st-largest of 354 plans among Maine employers on file, and the 690th of 2,677 in transportation & warehousing. active participation has grown from 184 to 217 since 2022.

Plan summary
Net assets, end of year$22,007,128
Participants with balances254
Active participants217
Employer contributions$44,709
Employee contributions—
Employer contribution per active participant$206
Average account balance$86,642
Benefits paid to participants$6,406
Plan auditUnmodified (clean) audit opinion
AuditorBERRY, DUNN, MCNEIL & PARKER, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$7.3M · 286 accts · $82K emplr
2023$22.0M · 254 accts · $45K emplr
2022$14.6M · 194 accts · $38K emplr
Employer contributions to the R.C. Moore, Inc. plan · 2023
Employer contribution per active participant$206
Median for plans this size$2,440
2024$340 per active participant
2023$206 per active participant
2022$208 per active participant

R.C. Moore, Inc.'s 2023 employer contribution ran below the $2,440 median for plans its size, in the bottom 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.

Administrative cost history3
2024Not separately reported
2023Not separately reported
2022Not separately reported
All plans at this employer2
R. C. MOORE, INC. 401(K) PROFIT SHARING PLAN AND TRUST401(k)
R.C. MOORE, INC. EMPLOYEE STOCK OWNERSHIP PLANESOP
Same employer
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Source: U.S. Department of Labor, Form 5500 series, EIN 010278035 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.