Plan Ledger DOL Form 5500 · updated monthly

Eastport Holdings, LLC401(k)

EASTPORT HOLDINGS, LLC 401(K) PLAN · MEMPHIS, TN · plan year 2023

Reported admin expense ratio · 2023
0.21%

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

Eastport Holdings, LLC reported $149,947 in plan administrative expenses for 2023: 0.21% of average plan assets, above the peer median. Employer contributions averaged $2,322 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 2 years on file its reported administrative ratio fell from 0.21% to 0.18%. The plan sits in the $50M–$250M size bracket, benchmarked here against 9,317 comparable plans and shown alongside other professional & technical services employers. By assets it is the 210th-largest of 1,496 plans among Tennessee employers on file, and the 1,868th of 11,654 in professional & technical services. In 2023, employees put in $3.27 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$77,856,909
Participants with balances1,000
Active participants690
Employer contributions$1,602,028
Employee contributions$5,239,727
Employer contribution per active participant$2,322
Average account balance$77,857
Benefits paid to participants$4,532,555
Plan auditUnmodified (clean) audit opinion
AuditorDULIN, WARD & DEWALD, INC.
Plan history3
Yearassets · accounts · employer contribution
2024$69.5M · 874 accts · $1.3M emplr
2023$77.9M · 1,000 accts · $1.6M emplr
2022$63.6M · 1,077 accts · $1.6M emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$48,824
Investment management$85,123
Audit (IQPA)$16,000
Total administrative$149,947
The Eastport Holdings, LLC 401(k) match · 2023
Employer contribution per active participant$2,322
Median for plans this size$3,659
2024$2,770 per active participant
2023$2,322 per active participant
2022$2,062 per active participant

Eastport Holdings, LLC's 2023 employer contribution ran below the $3,659 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20234
LPL FINANCIAL LLC · Investment advisory (plan)$75,000
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$48,824
DULIN, WARD & DEWALD, INC. · Accounting / audit$16,000
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$10,123

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

Administrative cost history3
2024$130,514 · 0.18%
2023$149,947 · 0.21%
2022$149,192 · 0.21%
Same employer
Similar plansProfessional & Technical Services · Tennessee
Healthstream, Inc. TN$99.0M · 0.26%
Lbmc, PC TN$85.7M · 0.16%
Erisa Partners, Inc. TN$80.7M · 0.83%
Logical Systems, LLC TN$73.6M · 0.00%
Revance Therapeutics, Inc. TN$69.1M · 0.18%

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Source: U.S. Department of Labor, Form 5500 series, EIN 262242731 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.