How much does Rosendin Holdings, Inc. contribute to its ESOP?

In 2024, employer contributions to the Rosendin Holdings, Inc. plan averaged $24,543 per active participant, above the $5,259 median for plans of similar size. Public filings report contribution dollars, not the match formula; the formula is in the plan's summary plan description.

What is the average account balance in the Rosendin Holdings, Inc. 401(k)?

The average participant account balance was $567,126 for plan year 2024, based on 2,712 accounts.

Rosendin Holdings, Inc.ESOP

Name: Rosendin Holdings, Inc. 401(k) plan: Form 5500 data
Creator: U.S. Department of Labor

ROSENDIN ELECTRIC, INC. EMPLOYEE STOCK OWNERSHIP PLAN · SAN JOSE, CA · plan year 2024

Employer contribution per participant · 2024

$24,543

Rosendin Holdings, 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 $1,538,046,697 across 2,712 participant accounts, with employer contributions averaging $24,543 per active participant. See methodology for what Form 5500 does and doesn't capture.

The plan sits in the over $1B size bracket, benchmarked here against 1,229 comparable plans and shown alongside other construction employers. By assets it is the 88th-largest of 9,483 plans among California employers on file, and the 32nd of 5,337 in construction. active participation has grown from 1,697 to 2,219 since 2022.

Plan summary
Net assets, end of year$1,538,046,697
Participants with balances2,712
Active participants2,219
Employer contributions$54,460,907
Employee contributions—
Employer contribution per active participant$24,543
Average account balance$567,126
Benefits paid to participants$141,887,711
Plan auditUnmodified (clean) audit opinion
AuditorABBOTT, STRINGHAM & LYNCH

Plan history3

Yearassets · accounts · employer contribution

2024$1.5B · 2,712 accts · $54.5M emplr

2023$1.1B · 2,481 accts · $52.2M emplr

2022$994.6M · 2,135 accts · $43.0M emplr

Employer contributions to the Rosendin Holdings, Inc. plan · 2024

Employer contribution per active participant$24,543

Median for plans this size$5,259

2024$24,543 per active participant

2023$26,135 per active participant

2022$25,339 per active participant

Rosendin Holdings, Inc.'s 2024 employer contribution ran above the $5,259 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.

Administrative cost history3

2024Not separately reported

2023Not separately reported

2022Not separately reported

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Source: U.S. Department of Labor, Form 5500 series, EIN 273947375 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.