Employer Support Services401(k)
ESS RETIREMENT SAVINGS PLAN · BATON ROUGE, LA · plan year 2024
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.
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.
Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.
Why are you looking at this plan?
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.