Plan Ledger DOL Form 5500 · updated monthly

Essclean Inc401(k)

ESSCLEAN INC 401K PLAN · URBANA, IL · plan year 2022

Reported admin expense ratio · 2022
0.91%

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

Essclean Inc reported $11,087 in plan administrative expenses for 2022: 0.91% of average plan assets, higher than ~75% of peers. Employer contributions averaged $352 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other administrative & support services employers. By assets it is among the smaller plans on file in Illinois (3,480th of 3,702), and 2,177th of 2,534 in administrative & support services. In 2022, employees put in $1.79 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,063,345
Participants with balances47
Active participants115
Employer contributions$40,426
Employee contributions$72,388
Employer contribution per active participant$352
Average account balance$22,624
Benefits paid to participants$137,805
Plan auditUnmodified (clean) audit opinion
AuditorMARTIN HOOD, LLC
Administrative expenses, itemized · 2022
Professional / advisory$11,087
Total administrative$11,087
The Essclean Inc 401(k) match · 2022
Employer contribution per active participant$352
Median for plans this size$1,114

Essclean Inc's 2022 employer contribution ran below the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$11,087 · 0.91%
Similar plansAdministrative & Support Services · Illinois
Lacosta, Inc. IL$1.4M · 0.88%
Phd Services IL$1.3M · 1.46%
Bee Line Support, Inc. IL$818K · 1.40%
Steel River Systems, LLC IL$753K · 0.40%
Altastaff, LLC IL$439K · 0.08%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 371348759 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.