Plan Ledger DOL Form 5500 · updated monthly

Ers Parent, LLC401(k)

ERS PARENT 401(K) PLAN · ST.PETERSBURG, FL · plan year 2024

Reported admin expense ratio · 2024
0.78%

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

Ers Parent, LLC reported $53,287 in plan administrative expenses for 2024: 0.78% of average plan assets, above the peer median. Employer contributions averaged $432 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 1 year on file its reported administrative ratio fell from 1.19% to 0.78%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Florida (2,105th of 3,644), and 8,921st of 11,654 in professional & technical services. In 2024, employees put in $2.20 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$7,366,145
Participants with balances238
Active participants949
Employer contributions$410,069
Employee contributions$904,000
Employer contribution per active participant$432
Average account balance$30,950
Benefits paid to participants$1,236,877
Plan auditUnmodified (clean) audit opinion
AuditorPDR CPAS & ADVISORS, INC.
Plan history2
Yearassets · accounts · employer contribution
2024$7.4M · 238 accts · $410K emplr
2023$6.2M · 243 accts · $375K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$30,497
Total administrative$53,287
The Ers Parent, LLC 401(k) match · 2024
Employer contribution per active participant$432
Median for plans this size$1,313
2024$432 per active participant
2023$470 per active participant

Ers Parent, LLC's 2024 employer contribution ran below the $1,313 median for plans its size, in the bottom quarter of its peers. 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
ASCENSUS LLC · Loan processing · Recordkeeping$30,496
REGIONS BANK · Investment advisory (plan)$22,790

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

Recordkeeper by year2
2024Ascensus
2023Ascensus

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

Administrative cost history2
2024$53,287 · 0.78%
2023$58,725 · 1.19%
Same employer
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Tax Defense Network, LLC FL$7.4M · 0.86%
Medi-Trans, Inc. FL$7.4M · 0.84%
Albertelli Law FL$7.3M · 0.46%
Cwu, Inc. FL$7.3M

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Source: U.S. Department of Labor, Form 5500 series, EIN 853285126 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.