Plan Ledger DOL Form 5500 · updated monthly

Esi Technical Co. dba Educator Solutions Inc401(k)

EDUCATOR SOLUTIONS 401(K) PLAN · PALM CITY, FL · plan year 2024

Reported admin expense ratio · 2024
1.46%

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

Esi Technical Co. dba Educator Solutions Inc reported $38,648 in plan administrative expenses for 2024: 1.46% of average plan assets, higher than ~90% of peers. Employer contributions averaged $2,118 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 3.13% to 1.46%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other other services employers. By assets it is among the smaller plans on file in Florida (2,911th of 3,644), and 2,685th of 3,341 in other services. In 2024, employees put in $1.33 for every $1.00 the employer contributed; active participation has shrunk from 169 to 123 since 2022.

Plan summary
Net assets, end of year$2,883,121
Participants with balances361
Active participants123
Employer contributions$260,504
Employee contributions$345,251
Employer contribution per active participant$2,118
Average account balance$7,986
Benefits paid to participants$467,565
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$2.9M · 361 accts · $261K emplr
2023$2.4M · 231 accts · $164K emplr
2022$2.6M · 449 accts · $605K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$32,020
Investment management$478
Total administrative$38,648
The Esi Technical Co. dba Educator Solutions Inc 401(k) match · 2024
Employer contribution per active participant$2,118
Median for plans this size$1,313
2024$2,118 per active participant
2023$977 per active participant
2022$3,578 per active participant

Esi Technical Co. dba Educator Solutions Inc's 2024 employer contribution ran above the $1,313 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
JOHN HANCOCK LIFE INSURANCE COMPANY · Recordkeeping · Investment management$2,302
WILSHIRE ASSOCIATES INC · Investment advisory (participants)$478

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

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

Administrative cost history3
2024$38,648 · 1.46%
2023$79,201 · 3.13%
2022Not separately reported
Same employer
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Children's Home Network FL$3.7M · 0.71%
Tsp Institute, Inc. FL$3.5M · 2.06%
A.R.M. 401(K) Plan FL$3.2M · 1.08%
John Paul USA FL$3.1M · 0.64%
One Parking, LLC FL$2.4M · 0.18%

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Source: U.S. Department of Labor, Form 5500 series, EIN 824903999 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.