Plan Ledger DOL Form 5500 · updated monthly

Eastern Account System of Ct, Inc.401(k)

EASTERN ACCOUNT SYSTEM OF CT, INC. 401(K) PROFIT SHARING PLAN AND TRUST · BROOKFIELD, CT · plan year 2024

Reported admin expense ratio · 2024
1.21%

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

Eastern Account System of Ct, Inc. reported $30,014 in plan administrative expenses for 2024: 1.21% of average plan assets, higher than ~90% of peers. Employer contributions averaged $938 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 fell from 1.31% to 1.21%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other administrative & support services employers. By assets it is among the smaller plans on file in Connecticut (1,012th of 1,106), and 1,834th of 2,534 in administrative & support services. In 2024, employees put in $1.61 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,591,488
Participants with balances94
Active participants97
Employer contributions$91,011
Employee contributions$146,875
Employer contribution per active participant$938
Average account balance$27,569
Benefits paid to participants$417,790
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2024$2.6M · 94 accts · $91K emplr
2023$2.4M · 102 accts · $89K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$17,839
Investment management$12,175
Total administrative$30,014
The Eastern Account System of Ct, Inc. 401(k) match · 2024
Employer contribution per active participant$938
Median for plans this size$1,313
2024$938 per active participant
2023$885 per active participant

Eastern Account System of Ct, Inc.'s 2024 employer contribution ran below the $1,313 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.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
EMPOWER ANNUITY INSURANCE COMPANY · Recordkeeping$17,958
MERRILL LYNCH PIERCE FENNER & SMITH · Investment advisory (plan)$12,175

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

Administrative cost history2
2024$30,014 · 1.21%
2023$27,188 · 1.31%
Similar plansAdministrative & Support Services · Connecticut
Mirador, Inc. CT$3.4M · 0.28%
Dirty Hands, LLC CT$2.3M · 0.87%
Career Resources, Inc. CT$1.8M · 0.81%

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Source: U.S. Department of Labor, Form 5500 series, EIN 061355299 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.