Plan Ledger DOL Form 5500 · updated monthly

Sesco Lighting, Inc.ESOP

SESCO EMPLOYEE STOCK OWNERSHIP PLAN · MAITLAND, FL · plan year 2024

Reported admin expense ratio · 2024
0.17%

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

Sesco Lighting, Inc. reported $50,405 in plan administrative expenses for 2024: 0.17% of average plan assets, below the peer median. Employer contributions averaged $5,836 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 0.19% to 0.17%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other wholesale trade employers. By assets it is the 822nd-largest of 3,644 plans among Florida employers on file, and the 1,374th of 4,246 in wholesale trade. active participation has grown from 233 to 362 since 2022.

Plan summary
Net assets, end of year$29,662,785
Participants with balances381
Active participants362
Employer contributions$2,112,493
Employee contributions—
Employer contribution per active participant$5,836
Average account balance$77,855
Benefits paid to participants$2,072,131
Plan auditUnmodified (clean) audit opinion
AuditorPURVIS, GRAY AND COMPANY
Plan history3
Yearassets · accounts · employer contribution
2024$29.7M · 381 accts · $2.1M emplr
2023$29.1M · 324 accts · $1.8M emplr
2022$27.5M · 255 accts · $1.6M emplr
Employer contributions to the Sesco Lighting, Inc. plan · 2024
Employer contribution per active participant$5,836
Median for plans this size$2,416
2024$5,836 per active participant
2023$5,919 per active participant
2022$6,825 per active participant

Sesco Lighting, Inc.'s 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top 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
PURVIS GRAY & COMPANY · Accounting / audit$16,000
MORSE DOMEIER BUMGARDNER LLC · Contract administrator$15,113
SANSOME STREET APPRAISERS, INC. · Valuation$8,000

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

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

Administrative cost history3
2024$50,405 · 0.17%
2023$38,450 · 0.14%
2022$51,207 · 0.19%
All plans at this employer2
SESCO EMPLOYEE STOCK OWNERSHIP PLANESOP
SESCO LIGHTING, INC. 401(K) PROFIT SHARING PLAN401(k)
Same employer
Similar plansWholesale Trade · Florida
Diploma Holdings, Inc FL$33.5M · 0.29%
Acr Electronics, Inc. FL$32.6M · 0.12%
Ware Group, LLC FL$31.8M · 0.38%
Garden of Life LLC FL$29.3M · 0.13%
Wesco Turf, Inc. FL$27.5M · 0.32%
Wetherill Associates, Inc. FL$27.3M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 591199515 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.