Plan Ledger DOL Form 5500 · updated monthly

The Equity Technology Group, Inc.ESOP

THE EQUITY ENGINEERING GROUP, INC. EMPLOYEE STOCK OWNERSHIP PLAN AND TRUST · SHAKER HEIGHTS, OH · plan year 2024

Employer contribution per participant · 2024
$8,491

The Equity Technology Group, 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 $27,791,668 across 213 participant accounts, with employer contributions averaging $8,491 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 professional & technical services employers. By assets it is the 1,031st-largest of 3,295 plans among Ohio employers on file, and the 4,403rd of 11,654 in professional & technical services.

Plan summary
Net assets, end of year$27,791,668
Participants with balances213
Active participants153
Employer contributions$1,299,047
Employee contributions—
Employer contribution per active participant$8,491
Average account balance$130,477
Plan auditUnmodified (clean) audit opinion
AuditorMEADEN AND MOORE, LTD.
Plan history3
Yearassets · accounts · employer contribution
2024$27.8M · 213 accts · $1.3M emplr
2023$25.7M · 197 accts · $1.1M emplr
2022$16.0M · 175 accts · $1.2M emplr
Employer contributions to the The Equity Technology Group, Inc. plan · 2024
Employer contribution per active participant$8,491
Median for plans this size$2,416
2024$8,491 per active participant
2023$6,742 per active participant
2022$8,735 per active participant

The Equity Technology Group, Inc.'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.

Administrative cost history3
2024Not separately reported
2023Not separately reported
2022Not separately reported
All plans at this employer2
THE EQUITY TECHNOLOGY GROUP 401(K) PLAN401(k)
THE EQUITY ENGINEERING GROUP, INC. EMPLOYEE STOCK OWNERSHIP PLAN AND TRUSTESOP
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Source: U.S. Department of Labor, Form 5500 series, EIN 320430595 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.