Plan Ledger DOL Form 5500 · updated monthly

Esler Companies, LLC401(k)

ESLER COMPANIES 401(K) PLAN · SMITHFIELD, RI · plan year 2024

Reported admin expense ratio · 2024
0.43%

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

Esler Companies, LLC reported $319,881 in plan administrative expenses for 2024: 0.43% of average plan assets, higher than ~90% of peers. Employer contributions averaged $2,867 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 0.74% to 0.43%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other construction employers. By assets it is the 45th-largest of 286 plans among Rhode Island employers on file, and the 704th of 5,337 in construction. In 2024, employees put in $2.60 for every $1.00 the employer contributed; active participation has grown from 1,219 to 1,662 since 2022.

Plan summary
Net assets, end of year$85,043,047
Participants with balances2,186
Active participants1,662
Employer contributions$4,765,057
Employee contributions$12,382,351
Employer contribution per active participant$2,867
Average account balance$38,903
Benefits paid to participants$6,927,935
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$85.0M · 2,186 accts · $4.8M emplr
2023$64.8M · 1,942 accts · $3.9M emplr
2022$45.7M · 1,141 accts · $3.7M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$319,881
Total administrative$319,881
The Esler Companies, LLC 401(k) match · 2024
Employer contribution per active participant$2,867
Median for plans this size$3,635
2024$2,867 per active participant
2023$2,783 per active participant
2022$3,045 per active participant

Esler Companies, LLC's 2024 employer contribution ran below 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 · 20243
GRIMES & COMPANY INC.$80,634
ASCENSUS HOLDINGS INC DBA FUTUREPLA · Contract administrator$79,506

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$319,881 · 0.43%
2023$250,841 · 0.45%
2022$331,393 · 0.74%
Same employer
Similar plansConstruction · Rhode Island
Gilbane Inc. RI$1.0B · 0.06%
Dimeo Construction Company RI$92.7M · 0.35%
Corvias Group, LLC RI$55.6M · 0.31%
J.H. Lynch & Sons, Inc. RI$40.1M · 0.18%

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Source: U.S. Department of Labor, Form 5500 series, EIN 814653145 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.