Plan Snapshot
- Plan Sponsor: Energy Services Group, LLC.
- Sponsor EIN: 522262406
- Sponsor Address: 141 LONGWATER DRIVE, NORWELL, MA, 02061
- Plan Type: 401(k)
- Total Participants: 146
- Total Assets: $22.9M
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 | 146 | $22.9M | $377,823 | $1.4M |
| 2023 | 130 | $17.5M | $338,217 | $1.3M |
| 2022 | 133 | $15.7M | $363,264 | $1.4M |
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 |
|---|---|---|---|---|
| IMA WEALTH INC | NONE | $21,868 | — | $21,868 |
| THE VANGUARD GROUP, INC. | NONE | $18,590 | — | $18,590 |
| PKF O'CONNOR DAVIES, LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- IMA WEALTH INC — NONE
- THE VANGUARD GROUP, INC. — NONE
- PKF O'CONNOR DAVIES, LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $40,458
- Estimated Expense Ratio: 0.177% 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 |
|---|---|---|---|---|---|
| 2024 | $40,458 | $21,868 | $18,590 | — | — |
| 2023 | $17,539 | — | $17,539 | — | — |
| 2022 | $17,539 | — | $17,539 | — | — |