Plan Ledger DOL Form 5500 · updated monthly

Engineered Cooling Services, LLC401(k)

ENGINEERED COOLING SERVICES, LLC 401(K) PLAN · PENSACOLA, FL · plan year 2024

Reported admin expense ratio · 2024
0.58%

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

Engineered Cooling Services, LLC reported $71,748 in plan administrative expenses for 2024: 0.58% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,093 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 0.65% to 0.58%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other construction employers. By assets it is the 1,445th-largest of 3,644 plans among Florida employers on file, and the 2,610th of 5,337 in construction. In 2024, employees put in $1.69 for every $1.00 the employer contributed; active participation has grown from 191 to 316 since 2022.

Plan summary
Net assets, end of year$13,781,245
Participants with balances238
Active participants316
Employer contributions$661,353
Employee contributions$1,120,598
Employer contribution per active participant$2,093
Average account balance$57,904
Benefits paid to participants$1,864,354
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$13.8M · 238 accts · $661K emplr
2023$11.1M · 159 accts · $526K emplr
2022$10.2M · 145 accts · $458K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$69,748
Total administrative$71,748
The Engineered Cooling Services, LLC 401(k) match · 2024
Employer contribution per active participant$2,093
Median for plans this size$2,416
2024$2,093 per active participant
2023$2,369 per active participant
2022$2,400 per active participant

Engineered Cooling Services, LLC's 2024 employer contribution ran below 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
JOHN HANCOCK LIFE INSURANCE COMPANY · Recordkeeping · Investment management$2,334
THE PENSION CENTER OF FLORIDA, INC. · Accounting / audit · Recordkeeping$2,000

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

Recordkeeper by year2
2024John Hancock, THE PENSION CENTER OF FLORIDA, INC.
2023John Hancock, THE PENSION CENTER OF FLORIDA, INC.

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Administrative cost history3
2024$71,748 · 0.58%
2023$69,928 · 0.66%
2022$69,700 · 0.65%
Same employer
Similar plansConstruction · Florida
Bcb Homes, Inc. FL$14.6M · 0.46%
The Smart Companies. LLC FL$14.3M · 0.64%
C. Davis Electric Co., Inc. FL$13.7M · 0.39%
Welbro Building Corporation FL$12.9M · 0.23%

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Source: U.S. Department of Labor, Form 5500 series, EIN 870769487 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.