How much does Structured Foundation Repairs Holdings, Inc. contribute to its ESOP?

In 2023, employer contributions to the Structured Foundation Repairs Holdings, Inc. plan averaged $8,252 per active participant, above the $522 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 Structured Foundation Repairs Holdings, Inc. 401(k)?

The average participant account balance was -$104,071 for plan year 2023, based on 156 accounts.

Structured Foundation Repairs Holdings, Inc.ESOP

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

STRUCTURED FOUNDATION REPAIRS HOLDINGS, INC. EMPLOYEE STOCK OWNERSHIP PLAN · EULESS, TX · plan year 2023

Employer contribution per participant · 2023

$8,252

Structured Foundation Repairs Holdings, 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 -$16,235,071 across 156 participant accounts, with employer contributions averaging $8,252 per active participant. See methodology for what Form 5500 does and doesn't capture.

The plan sits in the under $1M size bracket, benchmarked here against 1,192 comparable plans and shown alongside other construction employers. active participation has shrunk from 182 to 143 since 2022.

Plan summary
Net assets, end of year-$16,235,071
Participants with balances156
Active participants143
Employer contributions$1,180,041
Employee contributions—
Employer contribution per active participant$8,252
Average account balance-$104,071
Plan auditUnmodified (clean) audit opinion
AuditorLANE GORMAN TRUBITT, LLC

Plan history3

Yearassets · accounts · employer contribution

2024$-18.2M · 165 accts · $1.2M emplr

2023$-16.2M · 156 accts · $1.2M emplr

2022$-22.3M · 138 accts · $2.1M emplr

Employer contributions to the Structured Foundation Repairs Holdings, Inc. plan · 2023

Employer contribution per active participant$8,252

Median for plans this size$522

2024$9,365 per active participant

2023$8,252 per active participant

2022$11,601 per active participant

Structured Foundation Repairs Holdings, Inc.'s 2023 employer contribution ran above the $522 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 921348070 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.