Plan Ledger DOL Form 5500 · updated monthly

Engineering Specialists, Inc.401(k)

ENGINEERING SPECIALISTS, INC. 401(K) SAVINGS PLAN · BROOKFIELD, WI · plan year 2024

Reported admin expense ratio · 2024
0.43%

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

Engineering Specialists, Inc. reported $65,465 in plan administrative expenses for 2024: 0.43% of average plan assets, above the peer median. Employer contributions averaged $2,682 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 0.24% to 0.43%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Wisconsin (993rd of 1,936), and 6,248th of 11,654 in professional & technical services. In 2024, employees put in $3.22 for every $1.00 the employer contributed; active participation has shrunk from 147 to 126 since 2022.

Plan summary
Net assets, end of year$16,451,525
Participants with balances163
Active participants126
Employer contributions$337,897
Employee contributions$1,089,328
Employer contribution per active participant$2,682
Average account balance$100,930
Benefits paid to participants$1,154,937
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$16.5M · 163 accts · $338K emplr
2023$13.9M · 179 accts · $351K emplr
2022$11.9M · 177 accts · $317K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$26,897
Investment management$37,300
Audit (IQPA)$1,268
Total administrative$65,465
The Engineering Specialists, Inc. 401(k) match · 2024
Employer contribution per active participant$2,682
Median for plans this size$2,416
2024$2,682 per active participant
2023$2,545 per active participant
2022$2,157 per active participant

Engineering Specialists, Inc.'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
MORGANSTANLEY SMITHBARNEY LLC · Investment advisory (participants)$37,300
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$26,897

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

Administrative cost history3
2024$65,465 · 0.43%
2023$32,712 · 0.25%
2022$30,951 · 0.24%
Same employer
Similar plansProfessional & Technical Services · Wisconsin
Vierbicher Associates, Inc. WI$18.1M · 0.44%
Redox, Inc. WI$16.7M · 0.26%
Sonic Foundry, Inc. WI$16.5M · 0.01%
Flexion, Inc. WI$16.4M · 0.08%

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Source: U.S. Department of Labor, Form 5500 series, EIN 391208480 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.