TIER1 Impact Pbc, Inc.ESOP
TIER 1 PERFORMANCE SOLUTIONS EMPLOYEE STOCK OWNERSHIP PLAN · COVINGTON, KY · plan year 2023
TIER1 Impact Pbc, 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 $45,608,671 across 377 participant accounts, with employer contributions averaging $2,053 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 professional & technical services employers. By assets it is the 158th-largest of 871 plans among Kentucky employers on file, and the 2,966th of 11,654 in professional & technical services.
TIER1 Impact Pbc, Inc.'s 2023 employer contribution ran below the $2,440 median for plans its size. 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.
Why are you looking at this plan?
Source: U.S. Department of Labor, Form 5500 series, EIN 810917710 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.