Plan Ledger DOL Form 5500 · updated monthly

Essintial Enterprise Solutions, LLC401(k)

ESSINTIAL ENTERPRISE SOLUTIONS 401K PLAN · CAMPHILL, PA · plan year 2023

Reported admin expense ratio · 2023
1.12%

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

Essintial Enterprise Solutions, LLC reported $79,583 in plan administrative expenses for 2023: 1.12% of average plan assets, higher than ~75% of peers. Employer contributions averaged $199 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 fell from 1.00% to 0.88%. 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 (2,611th of 3,651), and 609th of 786 in management of companies. In 2023, employees put in $4.55 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$7,272,144
Participants with balances457
Active participants525
Employer contributions$104,590
Employee contributions$476,131
Employer contribution per active participant$199
Average account balance$15,913
Benefits paid to participants$1,234,853
Plan auditUnmodified (clean) audit opinion
AuditorFREEDMAN, GOLDBERG,CPA, P.C.
Plan history3
Yearassets · accounts · employer contribution
2024$7.0M · 450 accts
2023$7.3M · 457 accts · $105K emplr
2022$7.0M · 436 accts
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$56,136
Investment management$23,447
Total administrative$79,583
The Essintial Enterprise Solutions, LLC 401(k) match · 2023
Employer contribution per active participant$199
Median for plans this size$1,308

Essintial Enterprise Solutions, LLC's 2023 employer contribution ran below the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
PROFESSIONAL CAPITAL SERVICES LLC · Contract administrator · Recordkeeping$56,136
CREATIVE FINANCIAL GROUP · Investment advisory (plan)$19,461

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

Recordkeeper by year2
2024PROFESSIONAL CAPITAL SERVICES LLC
2023PROFESSIONAL CAPITAL SERVICES LLC

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$62,909 · 0.88%
2023$79,583 · 1.12%
2022$77,489 · 1.00%
Same employer
Similar plansManagement of Companies · Pennsylvania
Erie Management Group, LLC PA$10.1M · 0.31%
Esmark, Inc. PA$9.4M · 0.25%
Huntingdon Valley Bank PA$6.6M · 0.39%
Jpn Management, Inc. PA$3.5M · 1.01%
Byler Holdings, LLC PA$3.3M · 1.11%
Byler Holdings, LLC PA$2.3M · 0.91%

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Source: U.S. Department of Labor, Form 5500 series, EIN 264786683 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.