Plan Snapshot
- Plan Sponsor: Eastern States Construction Service, INC.
- Sponsor EIN: 510271693
- Sponsor Address: 818 FIRST STATE BLVD., WILMINGTON, DE, 19804
- Plan Type: 401(k)
- Plan Number: 002
- Total Participants: 183
- Total Assets: $17.4M
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. |
|---|---|---|---|---|
| 2025 | 183 | $17.4M | $0 | $0 |
| 2024 | 152 | $15.1M | $323,173 | $539,003 |
| 2023 | 161 | $13.0M | $319,930 | $565,925 |
| 2022 | 156 | $10.9M | $311,942 | $573,338 |
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 |
|---|---|---|---|---|
| NEWPORT GROUP, INC. | Recordkeeper | $34,095 | — | $34,095 |
| PNC INSTITUTIONAL ASSET MANAGEMENT | Investment Advisor | $28,632 | — | $28,632 |
| GUNNIP & COMPANY LLP | Auditor | $12,200 | — | $12,200 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $74,927
- Estimated Expense Ratio: 0.430% 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 |
|---|---|---|---|---|---|
| 2025 | $644,398 | $28,632 | $34,095 | $12,200 | — |
| 2024 | $65,942 | $18,925 | $25,335 | $12,550 | — |
| 2023 | $53,595 | $14,153 | $20,620 | $11,200 | — |
| 2022 | $53,805 | $6,261 | $35,068 | — | $12,476 |