Plan Ledger DOL Form 5500 · updated monthly

Xtek IncESOP

XTEK INC EMPLOYEE STOCK OWNERSHIP PLAN · CINCINNATI, OH · plan year 2023

Plan assets · 2023
$65.7M

Xtek 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 $65,681,450 across 503 participant accounts. See methodology for what Form 5500 does and doesn't capture.

The plan sits in the $50M–$250M size bracket, benchmarked here against 9,317 comparable plans and shown alongside other manufacturing employers. By assets it is the 520th-largest of 3,295 plans among Ohio employers on file, and the 2,584th of 13,661 in manufacturing.

Plan summary
Net assets, end of year$65,681,450
Participants with balances503
Active participants504
Employer contributions—
Employee contributions—
Employer contribution per active participant—
Average account balance$130,579
Benefits paid to participants$9,362,951
Plan auditUnmodified (clean) audit opinion
AuditorCLARK, SHAFER, HACKETT & CO
Plan history3
Yearassets · accounts · employer contribution
2024$59.0M · 518 accts
2023$65.7M · 503 accts
2022$56.1M · 510 accts
Recordkeeper by year2
2024MATRIX TRUST COMPANY
2023MATRIX TRUST COMPANY

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Administrative cost history3
2024Not separately reported
2023Not separately reported
2022Not separately reported
All plans at this employer2
XTEK INC EMPLOYEE SAVINGS PLAN401(k)
XTEK INC EMPLOYEE STOCK OWNERSHIP PLANESOP
Same employer
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Hbd Industries, Inc. OH$66.0M · 0.23%
Inoac Exterior Systems, LLC OH$64.9M · 0.19%
National Machinery LLC OH$64.3M · 0.03%
Kth Parts Industries, Inc. OH$63.7M · 0.05%

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Source: U.S. Department of Labor, Form 5500 series, EIN 310847969 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.