Plan Ledger DOL Form 5500 · updated monthly

Esmark, Inc.401(k)

ESMARK, INC. 401(K) PLAN · SEWICKLEY, PA · plan year 2023

Reported admin expense ratio · 2023
0.25%

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

Esmark, Inc. reported $22,076 in plan administrative expenses for 2023: 0.25% of average plan assets, below the peer median. Employer contributions averaged $735 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 3 years on file its reported administrative ratio has held roughly steady near 0.25%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other management of companies employers. By assets it is among the smaller plans on file in Pennsylvania (2,348th of 3,651), and 574th of 786 in management of companies. In 2023, employees put in $4.90 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$9,445,786
Participants with balances125
Active participants166
Employer contributions$122,057
Employee contributions$597,683
Employer contribution per active participant$735
Average account balance$75,566
Benefits paid to participants$761,755
Plan auditUnmodified (clean) audit opinion
AuditorCASSEL PLAN AUDITS, INC.
Plan history3
Yearassets · accounts · employer contribution
2024$8.3M · 119 accts · $81K emplr
2023$9.4M · 125 accts · $122K emplr
2022$8.2M · 125 accts · $46K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$20,341
Investment management$1,735
Total administrative$22,076
The Esmark, Inc. 401(k) match · 2023
Employer contribution per active participant$735
Median for plans this size$1,308
2024$507 per active participant
2023$735 per active participant
2022$274 per active participant

Esmark, Inc.'s 2023 employer contribution ran below the $1,308 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
EMPOWER ADVISORY GROUP, LLC · Investment management$1,735

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$21,743 · 0.25%
2023$22,076 · 0.25%
2022$22,952 · 0.24%
Same employer
Similar plansManagement of Companies · Pennsylvania
Vantage Holding Company LLC PA$14.5M · 0.52%
Erie Management Group, LLC PA$10.1M · 0.31%
Huntingdon Valley Bank PA$6.6M · 0.39%
Jpn Management, Inc. PA$3.5M · 1.01%
Byler Holdings, LLC PA$3.3M · 1.11%

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Source: U.S. Department of Labor, Form 5500 series, EIN 263477009 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.