Plan Ledger DOL Form 5500 · updated monthly

Esquire Law LLC401(k)

ESQUIRE LAW LLC 401(K) PROFIT SHARING PLAN & TRUST · PALM BEACH GARDENS, FL · plan year 2024

Reported admin expense ratio · 2024
0.63%

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

Esquire Law LLC reported $38,141 in plan administrative expenses for 2024: 0.63% of average plan assets, above the peer median. Employer contributions averaged $361 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 rose from 0.28% to 0.63%. 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 (2,235th of 3,644), and 9,203rd of 11,654 in professional & technical services. In 2024, employees put in $5.67 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$6,515,156
Participants with balances223
Active participants255
Employer contributions$91,985
Employee contributions$521,618
Employer contribution per active participant$361
Average account balance$29,216
Benefits paid to participants$602,346
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$6.5M · 223 accts · $92K emplr
2023$5.7M · 216 accts · $77K emplr
2022$4.5M · 145 accts · $48K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$22,170
Investment management$15,111
Trustee / custodial$860
Total administrative$38,141
The Esquire Law LLC 401(k) match · 2024
Employer contribution per active participant$361
Median for plans this size$1,313
2024$361 per active participant
2023$296 per active participant
2022$179 per active participant

Esquire Law 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 · 20243
PAYCHEX, INC. · Recordkeeping$16,915
FDR FINANCIAL GROUP, INC · Investment advisory (participants)$15,111
ERISA FIDUCIARY SERVICES, INC. · Contract administrator$5,515

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

Recordkeeper by year2
2024Paychex
2023FDR FINANCIAL GROUP, INC, Paychex

This plan has changed recordkeepers within these filings. If you left Esquire Law LLC before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$38,141 · 0.63%
2023$32,065 · 0.63%
2022$12,555 · 0.28%
Similar plansProfessional & Technical Services · Florida
Kore.Ai, Inc FL$6.5M · 0.14%
Geopoint Surveying Inc FL$6.5M · 0.90%

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Source: U.S. Department of Labor, Form 5500 series, EIN 862214589 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.