THE ELLIOTT COMPANY EMPLOYEE STOCK OWNERSHIP PLAN · PIKEVILLE, KY · plan year 2024
Employer contribution per participant · 2024
$4,158
The Elliott Company'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 $25,697,141 across 224 participant accounts, with employer contributions averaging $4,158 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 27,838 comparable plans and shown alongside other construction employers. By assets it is the 245th-largest of 871 plans among Kentucky employers on file, and the 1,701st of 5,337 in construction.
Plan summary
Net assets, end of year$25,697,141
Participants with balances224
Active participants193
Employer contributions$802,483
Employee contributions—
Employer contribution per active participant$4,158
Average account balance$114,719
Benefits paid to participants$524,712
Plan auditUnmodified (clean) audit opinion
AuditorBLANKENSHIP CPA GROUP, PLLC
Plan history3
Yearassets · accounts · employer contribution
2024$25.7M · 224 accts · $802K emplr
2023$10.8M · 196 accts · $1.0M emplr
2022$8.7M · 226 accts · $429K emplr
Employer contributions to the The Elliott Company plan · 2024
Employer contribution per active participant$4,158
Median for plans this size$2,416
2024$4,158 per active participant
2023$6,104 per active participant
2022$2,370 per active participant
The Elliott Company's 2024 employer contribution ran above the $2,416 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.
Source: U.S. Department of Labor, Form 5500 series, EIN 610961116 ·
Verify on EFAST2 ·
Amounts are as reported by the plan sponsor for the plan year shown.