Plan Ledger DOL Form 5500 · updated monthly

Essex Technology Group, LLC dba Bargain Hunt401(k)

ESSEX TECHNOLOGY GROUP, LLC DBA BARGAIN HUNT 401(K) PLAN · ANTIOCH, TN · plan year 2024

Reported admin expense ratio · 2024
1.21%

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

Essex Technology Group, LLC dba Bargain Hunt reported $100,049 in plan administrative expenses for 2024: 1.21% of average plan assets, higher than ~90% of peers. Employer contributions averaged $853 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 rose from 1.07% to 1.27%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in Tennessee (879th of 1,496), and 2,839th of 5,215 in retail trade. In 2024, employees put in $1.59 for every $1.00 the employer contributed; active participation has grown from 671 to 756 since 2022.

Plan summary
Net assets, end of year$8,990,000
Participants with balances1,132
Active participants756
Employer contributions$644,693
Employee contributions$1,026,089
Employer contribution per active participant$853
Average account balance$7,942
Benefits paid to participants$1,270,914
Plan auditUnmodified (clean) audit opinion
AuditorLBMC, PC
Plan history4
Yearassets · accounts · employer contribution
2025$4.1M · 861 accts · $94K emplr
2024$9.0M · 1,132 accts · $645K emplr
2023$7.6M · 913 accts · $569K emplr
2022$5.9M · 902 accts · $523K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$57,779
Investment management$42,270
Total administrative$100,049
The Essex Technology Group, LLC dba Bargain Hunt 401(k) match · 2024
Employer contribution per active participant$853
Median for plans this size$1,313
2024$853 per active participant
2023$750 per active participant
2022$780 per active participant

Essex Technology Group, LLC dba Bargain Hunt's 2024 employer contribution ran below the $1,313 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 · 20242
LPL FINANCIAL LLC - RPCP · Investment advisory (participants)$47,885
RAYMOND JAMES FSA INC · Investment advisory (participants)indirect comp

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

Administrative cost history4
2025$83,303 · 1.27%
2024$100,049 · 1.21%
2023$74,586 · 1.11%
2022$68,047 · 1.07%
Similar plansRetail Trade · Tennessee
Anovorx Group, LLC TN$10.4M · 0.59%
Bargain Barn, Inc. TN$9.9M · 0.08%
Downey Oil Company, Inc. TN$8.3M · 0.63%
Stump's Market, Inc. TN$6.8M · 0.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 621823377 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.