Plan Ledger DOL Form 5500 · updated monthly

Employer Support Services401(k)

ESS RETIREMENT SAVINGS PLAN · BATON ROUGE, LA · plan year 2024

Employer contribution per participant · 2024
$558

Employer Support Services's 2024 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 $12,232,072 across 258 participant accounts, with employer contributions averaging $558 per active participant. See methodology for what Form 5500 does and doesn't capture.

Across the 1 year on file its reported administrative ratio rose from 0.13% to 0.15%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other administrative & support services employers. By assets it is the 377th-largest of 884 plans among Louisiana employers on file, and the 891st of 2,534 in administrative & support services. In 2024, employees put in $3.46 for every $1.00 the employer contributed; active participation has grown from 243 to 395 since 2022.

Plan summary
Net assets, end of year$12,232,072
Participants with balances258
Active participants395
Employer contributions$220,476
Employee contributions$762,240
Employer contribution per active participant$558
Average account balance$47,411
Benefits paid to participants$546,164
Plan auditUnmodified (clean) audit opinion
AuditorERICKSEN KRENTEL LLP
Plan history3
Yearassets · accounts · employer contribution
2024$12.2M · 258 accts · $220K emplr
2023$10.2M · 257 accts · $115K emplr
2022$8.0M · 215 accts · $78K emplr
The Employer Support Services 401(k) match · 2024
Employer contribution per active participant$558
Median for plans this size$2,416
2024$558 per active participant
2023$325 per active participant
2022$319 per active participant

Employer Support Services's 2024 employer contribution ran below the $2,416 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.

Service providers · 20241
CAPITAL GROUP RETIREMENT PLAN SERVI$14,430

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

Administrative cost history3
2024Not separately reported
2023$13,740 · 0.15%
2022$10,395 · 0.13%
Similar plansAdministrative & Support Services · Louisiana
Orthosynetics, Inc. LA$14.8M · 0.41%
New Orleans & Company LA$14.1M · 0.44%
Tiya Services, LLC LA$12.9M · 0.43%
Edko, L.L.C. LA$10.2M · 0.70%

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Source: U.S. Department of Labor, Form 5500 series, EIN 721311962 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.