Plan Ledger DOL Form 5500 · updated monthly

Esg Architecture & Design, Inc.401(k)

ESG ARCHITECTURE & DESIGN, INC. SAVINGS PLAN · MINNEAPOLIS, MN · plan year 2023

Reported admin expense ratio · 2023
0.30%

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

Esg Architecture & Design, Inc. reported $80,516 in plan administrative expenses for 2023: 0.30% of average plan assets, above the peer median. Employer contributions averaged $2,655 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 0.49% to 0.38%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other professional & technical services employers. By assets it is the 718th-largest of 1,918 plans among Minnesota employers on file, and the 4,334th of 11,654 in professional & technical services. In 2023, employees put in $4.36 for every $1.00 the employer contributed; active participation has shrunk from 124 to 106 since 2022.

Plan summary
Net assets, end of year$28,463,018
Participants with balances150
Active participants106
Employer contributions$281,419
Employee contributions$1,228,275
Employer contribution per active participant$2,655
Average account balance$189,753
Benefits paid to participants$2,967,437
Plan auditUnmodified (clean) audit opinion
AuditorBGM CPA, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$27.9M · 145 accts · $237K emplr
2023$28.5M · 150 accts · $281K emplr
2022$24.7M · 151 accts · $756K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$51,380
Investment management$29,136
Total administrative$80,516
The Esg Architecture & Design, Inc. 401(k) match · 2023
Employer contribution per active participant$2,655
Median for plans this size$2,440
2024$2,370 per active participant
2023$2,655 per active participant
2022$6,099 per active participant

Esg Architecture & Design, Inc.'s 2023 employer contribution ran above the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$51,680
NFP RETIREMENT · Investment advisory (plan)$29,136

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$106,536 · 0.38%
2023$80,516 · 0.30%
2022$129,518 · 0.49%
Same employer
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Source: U.S. Department of Labor, Form 5500 series, EIN 830232786 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.