Plan Ledger DOL Form 5500 · updated monthly

Engineering Services & Products Company401(k)

ENGINEERING SERVICES & PRODUCTS COMPANY 401(K) DEFINED CONTRIBUTION PLAN · SOUTH WINDSOR, CT · plan year 2024

Reported admin expense ratio · 2024
0.00%

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

Engineering Services & Products Company reported $1,475 in plan administrative expenses for 2024: 0.00% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,822 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 0.003% to 0.003%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other wholesale trade employers. By assets it is the 313th-largest of 1,106 plans among Connecticut employers on file, and the 847th of 4,246 in wholesale trade. In 2024, employees put in $1.87 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$48,648,446
Participants with balances440
Active participants316
Employer contributions$891,724
Employee contributions$1,667,661
Employer contribution per active participant$2,822
Average account balance$110,565
Benefits paid to participants$3,299,770
Plan auditUnmodified (clean) audit opinion
AuditorSRC CPAS, P.C.
Plan history3
Yearassets · accounts · employer contribution
2024$48.6M · 440 accts · $892K emplr
2023$41.7M · 444 accts · $917K emplr
2022$34.2M · 459 accts · $874K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,475
Total administrative$1,475
The Engineering Services & Products Company 401(k) match · 2024
Employer contribution per active participant$2,822
Median for plans this size$2,416
2024$2,822 per active participant
2023$3,017 per active participant
2022$2,680 per active participant

Engineering Services & Products Company'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.

Administrative cost history3
2024$1,475 · 0.00%
2023$1,376 · 0.00%
2022$1,039 · 0.00%
Same employer
Similar plansWholesale Trade · Connecticut
Icon International, Inc. CT$60.6M · 0.01%
Thule Inc. CT$46.5M · 0.45%
Melissa & Doug, LLC CT$38.4M · 0.21%
Victorinox Swiss Army, Inc. CT$37.7M · 0.06%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 061037062 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.