Plan Snapshot
- Plan Sponsor: Engineered Systems, INC.
- Sponsor EIN: 570538429
- Sponsor Address: 1121 DUNCAN REIDVILLE ROAD, DUNCAN, SC, 29334
- Plan Type: 401(k)
- Total Participants: 206
- Total Assets: $10.2M
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 | 206 | $10.2M | $315,439 | $642,549 |
| 2023 | 137 | $9.0M | $294,371 | $651,027 |
| 2022 | 121 | $7.7M | $247,357 | $498,034 |
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 |
|---|---|---|---|---|
| ELLIOTT DAVIS, LLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ELLIOTT DAVIS, LLC — Auditor
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 | $1,523,065 | — | $41,223 | — | — |
| 2023 | $947,912 | — | $15,780 | — | — |
| 2022 | $22,268 | — | — | — | — |