Plan Ledger DOL Form 5500 · updated monthly

Electric Services, Inc.401(k)

ELECTRIC SERVICES, INC. 401(K) RETIREMENT PLAN · LEESBURG, FL · plan year 2025

Reported admin expense ratio · 2025
0.80%

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

Electric Services, Inc. reported $78,277 in plan administrative expenses for 2025: 0.80% of average plan assets, above the peer median. Employer contributions averaged $1,773 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 3 years on file its reported administrative ratio fell from 0.89% to 0.80%. The plan sits in the $1M–$10M size bracket, benchmarked here against 809 comparable plans and shown alongside other construction employers. By assets it is the 1,729th-largest of 3,644 plans among Florida employers on file, and 3,016th of 5,337 in construction. In 2025, employees put in $2.30 for every $1.00 the employer contributed; active participation has grown from 164 to 213 since 2022.

Plan summary
Net assets, end of year$10,531,750
Participants with balances165
Active participants213
Employer contributions$377,550
Employee contributions$870,046
Employer contribution per active participant$1,773
Average account balance$63,829
Benefits paid to participants$1,046,355
Plan auditUnmodified (clean) audit opinion
AuditorPURVIS, GRAY AND COMPANY, LLP
Plan history4
Yearassets · accounts · employer contribution
2025$10.5M · 165 accts · $378K emplr
2024$9.1M · 157 accts · $371K emplr
2023$7.4M · 145 accts · $309K emplr
2022$6.7M · 145 accts · $298K emplr
Administrative expenses, itemized · 2025
Recordkeeping & contract admin$78,277
Total administrative$78,277
The Electric Services, Inc. 401(k) match · 2025
Employer contribution per active participant$1,773
Median for plans this size$1,464
2025$1,773 per active participant
2024$1,817 per active participant
2023$1,863 per active participant
2022$1,819 per active participant

Electric Services, Inc.'s 2025 employer contribution ran above the $1,464 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 2025 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20251
JOHN HANCOCK LIFE INSURANCE COMPANY · Recordkeeping · Investment management$6,634

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

Recordkeeper by year3
2025John Hancock
2024John Hancock
2023John Hancock

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history4
2025$78,277 · 0.80%
2024$70,033 · 0.85%
2023$57,473 · 0.82%
2022$61,550 · 0.89%
Same employer
Similar plansConstruction · Florida
Full Circle Fiber Partners FL$11.2M · 0.87%
Kustom US, Inc. FL$11.0M · 0.27%
Duval Asphalt Products FL$10.4M · 0.55%
Landsouth Construction, LLC FL$10.4M · 0.76%

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Source: U.S. Department of Labor, Form 5500 series, EIN 591109428 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.