Plan Snapshot
- Plan Sponsor: Eastern Energy Services INC.
- Sponsor EIN: 640832141
- Sponsor Address: 2406 MOOSE DR, LAUREL, MS, 39440
- Plan Type: 401(k)
- Total Participants: 503
- Total Assets: $9.4M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2023 | 503 | $9.4M | $1.8M | $2.0M |
| 2022 | 277 | $5.7M | $1.2M | $1.3M |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| ASCENSUS LLC | Other Service Provider | $76,860 | $1,964 | $78,824 |
| CLIENT ONE SECURITIES | Other Service Provider | $48,512 | — | $48,512 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $127,336
- Estimated Expense Ratio: 1.362% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2023 | $63,211 | $24,781 | $38,430 | — | — |
| 2022 | $31,737 | $13,664 | $18,073 | — | — |