Plan Ledger DOL Form 5500 · updated monthly

Energy Services Group, LLC.401(k)

ENERGY SERVICES GROUP, LLC 401(K) PLAN · NORWELL, MA · plan year 2024

Reported admin expense ratio · 2024
0.20%

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

Energy Services Group, LLC. reported $40,458 in plan administrative expenses for 2024: 0.20% of average plan assets, below the peer median. Employer contributions averaged $2,588 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 rose from 0.10% to 0.20%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other information & media employers. By assets it is the 1,195th-largest of 2,726 plans among Massachusetts employers on file, and the 945th of 2,199 in information & media. In 2024, employees put in $3.66 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$22,853,696
Participants with balances188
Active participants146
Employer contributions$377,823
Employee contributions$1,382,662
Employer contribution per active participant$2,588
Average account balance$121,562
Benefits paid to participants$801,957
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$22.9M · 188 accts · $378K emplr
2023$17.5M · 167 accts · $338K emplr
2022$15.7M · 178 accts · $363K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$18,590
Investment management$21,868
Total administrative$40,458
The Energy Services Group, LLC. 401(k) match · 2024
Employer contribution per active participant$2,588
Median for plans this size$2,416
2024$2,588 per active participant
2023$2,602 per active participant
2022$2,731 per active participant

Energy Services Group, LLC.'s 2024 employer contribution ran above the $2,416 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
THE VANGUARD GROUP, INC. · Recordkeeping · Loan processing$18,590
IMA WEALTH INC · Investment advisory (plan)$21,868

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

Recordkeeper by year2
2024Vanguard
2023Vanguard

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

Administrative cost history3
2024$40,458 · 0.20%
2023$17,539 · 0.11%
2022$17,539 · 0.10%
Same employer
Similar plansInformation & Media · Massachusetts
Kyruus, Inc. MA$25.0M · 0.12%
Netbrain Technologies, Inc. MA$24.3M · 0.28%
The Quarto Group, Inc. MA$24.3M · 0.31%
Callminer, Inc. MA$22.8M · 0.30%
Apriori Technologies, Inc. MA$22.5M · 0.05%

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Source: U.S. Department of Labor, Form 5500 series, EIN 522262406 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.