Plan Snapshot
- Plan Sponsor: Electric Services, INC.
- Sponsor EIN: 591109428
- Sponsor Address: 1746 U.S. HIGHWAY 441, LEESBURG, FL, 34748
- Plan Type: 401(k)
- Total Participants: 204
- Total Assets: $9.1M
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. |
|---|---|---|---|---|
| 2024 | 204 | $9.1M | $370,763 | $861,549 |
| 2023 | 166 | $7.4M | $309,329 | $715,559 |
| 2022 | 164 | $6.7M | $298,333 | $664,385 |
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 |
|---|---|---|---|---|
| PURVIS, GRAY AND COMPANY, LLP | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 |
|---|---|---|---|---|---|
| 2024 | $70,033 | — | $70,033 | — | — |
| 2023 | $57,473 | $15,980 | $41,493 | — | — |
| 2022 | $61,550 | $4,944 | $7,743 | — | — |