Plan Ledger DOL Form 5500 · updated monthly

Trachte Building Systems, Inc.ESOP

TRACHTE BUILDING SYSTEMS EMPLOYEE STOCK OWNERSHIP PLAN · SUN PRAIRIE, WI · plan year 2023

Employer contribution per participant · 2023
$24,841

Trachte Building Systems, 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 $302,829,849 across 263 participant accounts, with employer contributions averaging $24,841 per active participant. See methodology for what Form 5500 does and doesn't capture.

The plan sits in the $250M–$1B size bracket, benchmarked here against 2,601 comparable plans and shown alongside other manufacturing employers. By assets it is the 107th-largest of 1,936 plans among Wisconsin employers on file, and the 846th of 13,661 in manufacturing.

Plan summary
Net assets, end of year$302,829,849
Participants with balances263
Active participants214
Employer contributions$5,315,946
Employee contributions—
Employer contribution per active participant$24,841
Average account balance$1,151,444
Benefits paid to participants$30,525,107
Plan auditUnmodified (clean) audit opinion
AuditorVRAKAS SC
Plan history3
Yearassets · accounts · employer contribution
2024$287.6M · 318 accts · $6.7M emplr
2023$302.8M · 263 accts · $5.3M emplr
2022$255.3M · 262 accts · $3.4M emplr
Employer contributions to the Trachte Building Systems, Inc. plan · 2023
Employer contribution per active participant$24,841
Median for plans this size$4,362
2024$26,614 per active participant
2023$24,841 per active participant
2022$16,395 per active participant

Trachte Building Systems, Inc.'s 2023 employer contribution ran above the $4,362 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 employer3
TRACHTE BUILDING SYSTEMS, INC. 401(K) EMPLOYEE RETIREMENT PLAN401(k)
TRACHTE BUILDING SYSTEMS, INC. 401(K) PLAN401(k)
TRACHTE BUILDING SYSTEMS EMPLOYEE STOCK OWNERSHIP PLANESOP
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Source: U.S. Department of Labor, Form 5500 series, EIN 390662360 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.