Plan Ledger DOL Form 5500 · updated monthly

Enrichment Services Program, Inc.401(k)

ENRICHMENT SERVICES PROGRAM INC. 401K PLAN · COLUMBUS, GA · plan year 2023

Reported admin expense ratio · 2023
1.39%

Peer grade: C · admin costs + employer contributions vs same-size plans · how grading works

Enrichment Services Program, Inc. reported $11,353 in plan administrative expenses for 2023: 1.39% of average plan assets, above the peer median. Employer contributions averaged $46 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 1 year on file its reported administrative ratio rose from 1.03% to 1.39%. The plan sits in the under $1M size bracket, benchmarked here against 1,192 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Georgia (2,057th of 2,160), and 10,996th of 11,911 in health care & social assistance. In 2023, employees put in $2.70 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$890,216
Participants with balances96
Active participants606
Employer contributions$28,146
Employee contributions$76,057
Employer contribution per active participant$46
Average account balance$9,273
Benefits paid to participants$59,281
Plan auditUnmodified (clean) audit opinion
AuditorCLAUSELL & ASSOCIATES P.C.
Plan history2
Yearassets · accounts · employer contribution
2023$890K · 96 accts · $28K emplr
2022$738K · 203 accts · $24K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$1,361
Total administrative$11,353
The Enrichment Services Program, Inc. 401(k) match · 2023
Employer contribution per active participant$46
Median for plans this size$522
2023$46 per active participant
2022$43 per active participant

Enrichment Services Program, Inc.'s 2023 employer contribution ran below the $522 median for plans its size, in the bottom 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.

What these fees cost you

Annual cost at the plan's reported 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
MUTUAL OF AMERICA SEC. CORP LLC · Recordkeeping · Loan processing$7,372
WILSHIRE ASSOCIATES INC. · Named fiduciary$269

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history2
2023$11,353 · 1.39%
2022$8,365 · 1.03%
Same employer
Similar plansHealth Care & Social Assistance · Georgia
Tralongo Management, P.C. GA$1.0M · 0.93%
Jbear Enterprises, LLC GA$922K · 0.61%
Med-Lake, LLC GA$775K · 1.24%
Ameripro Ems LLC GA$643K · 0.57%
Dentfirst PC GA$607K · 0.78%

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Source: U.S. Department of Labor, Form 5500 series, EIN 581020547 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.