Plan Ledger DOL Form 5500 · updated monthly

Engineering Systems Inc.401(k)

ENGINEERING SYSTEMS INC. PROFIT SHARING AND SAVINGS PLAN · AURORA, IL · plan year 2024

Reported admin expense ratio · 2024
0.09%

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

Engineering Systems Inc. reported $77,498 in plan administrative expenses for 2024: 0.09% of average plan assets, below the peer median. Employer contributions averaged $4,201 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 0.01% to 0.09%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other professional & technical services employers. By assets it is the 612th-largest of 3,702 plans among Illinois employers on file, and the 1,659th of 11,654 in professional & technical services. In 2024, employees put in $2.39 for every $1.00 the employer contributed; active participation has grown from 410 to 454 since 2022.

Plan summary
Net assets, end of year$89,992,604
Participants with balances467
Active participants454
Employer contributions$1,907,431
Employee contributions$4,554,430
Employer contribution per active participant$4,201
Average account balance$192,704
Benefits paid to participants$12,276,790
Plan auditUnmodified (clean) audit opinion
AuditorMILLER, COOPER & CO., LTD.
Plan history3
Yearassets · accounts · employer contribution
2024$90.0M · 467 accts · $1.9M emplr
2023$83.1M · 453 accts · $1.7M emplr
2022$70.1M · 433 accts · $1.6M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$66,041
Investment management$1
Total administrative$77,498
The Engineering Systems Inc. 401(k) match · 2024
Employer contribution per active participant$4,201
Median for plans this size$3,635
2024$4,201 per active participant
2023$3,959 per active participant
2022$3,818 per active participant

Engineering Systems Inc.'s 2024 employer contribution ran above the $3,635 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
MAI CAPITAL MANAGEMENT, LLC · Investment advisory (plan)$11,456
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$6,780

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$77,498 · 0.09%
2023$31,363 · 0.04%
2022$5,666 · 0.01%
Same employer
Similar plansProfessional & Technical Services · Illinois
Witt/Kieffer Inc. IL$96.8M · 0.11%
Swanson, Martin & Bell, LLP IL$93.4M · 0.08%
Freeborn & Peters LLP IL$92.1M · 0.11%
Baxter & Woodman, Inc. IL$89.2M · 0.07%
Cramer-Krasselt Co. IL$88.8M · 0.12%
United Generations, LLC IL$87.8M · 0.14%
Trustwave Holdings, Inc. IL$86.7M · 0.21%

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Source: U.S. Department of Labor, Form 5500 series, EIN 363541589 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.