Plan Ledger DOL Form 5500 · updated monthly

Essex Industries, Inc.401(k)

ESSEX INDUSTRIES, INC. 401K & PROFIT SHARING PLAN · ST LOUIS, MO · plan year 2024

Reported admin expense ratio · 2024
0.13%

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

Essex Industries, Inc. reported $48,268 in plan administrative expenses for 2024: 0.13% of average plan assets, below the peer median. Employer contributions averaged $1,910 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 0.07% to 0.13%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 387th-largest of 1,393 plans among Missouri employers on file, and the 3,789th of 13,661 in manufacturing. In 2024, employees put in $3.12 for every $1.00 the employer contributed; active participation has shrunk from 433 to 383 since 2022.

Plan summary
Net assets, end of year$38,494,494
Participants with balances479
Active participants383
Employer contributions$731,674
Employee contributions$2,281,441
Employer contribution per active participant$1,910
Average account balance$80,364
Benefits paid to participants$7,542,289
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$38.5M · 479 accts · $732K emplr
2023$37.3M · 528 accts · $746K emplr
2022$31.9M · 519 accts · $626K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$48,268
Total administrative$48,268
The Essex Industries, Inc. 401(k) match · 2024
Employer contribution per active participant$1,910
Median for plans this size$2,416
2024$1,910 per active participant
2023$1,704 per active participant
2022$1,445 per active participant

Essex Industries, Inc.'s 2024 employer contribution ran below the $2,416 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
FUTUREPLAN$5,883
CORRECT CAPITAL WEALTH MGMTindirect comp
ASCENSUS · Other servicesindirect comp

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$48,268 · 0.13%
2023$42,773 · 0.12%
2022$25,811 · 0.07%
Same employer
Similar plansManufacturing · Missouri
Elantas Pdg, Inc MO$41.1M · 0.08%
Proenergy Service LLC MO$39.3M · 0.38%
Bull Moose Tube Company MO$38.0M · 0.16%
Patriot Machine Inc. MO$36.2M · 0.18%
H.E. Williams, Inc. MO$35.6M · 0.28%

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Source: U.S. Department of Labor, Form 5500 series, EIN 430634211 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.