Plan Snapshot
- Plan Sponsor: Esler Companies, LLC
- Sponsor EIN: 814653145
- Sponsor Address: 10 RESERVOIR ROAD, SMITHFIELD, RI, 02917
- Plan Type: 401(k)
- Total Participants: 1,662
- Total Assets: $85.0M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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 | 1,662 | $85.0M | $4.8M | $12.4M |
| 2023 | 1,419 | $64.8M | $3.9M | $10.2M |
| 2022 | 1,219 | $45.7M | $3.7M | $9.4M |
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 |
|---|---|---|---|---|
| EMPOWER ANNUITY INSURANCE COMPANY | Recordkeeper | $208,482 | — | $208,482 |
| ASCENSUS HOLDINGS INC DBA FUTUREPLA | Other Service Provider | $79,506 | $10,000 | $89,506 |
| GRIMES & COMPANY INC. | Other Service Provider | $80,634 | — | $80,634 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $378,622
- Estimated Expense Ratio: 0.445% 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 | $319,881 | — | $319,881 | — | — |
| 2023 | $250,841 | — | $250,841 | — | — |
| 2022 | $331,393 | $82,669 | $201,209 | — | — |