Plan Snapshot
- Plan Sponsor: Esp Associates, INC.
- Sponsor EIN: 560599737
- Sponsor Address: 3475 LAKEMONT BLVD, FORT MILL, SC, 29708
- Plan Type: 401(k)
- Total Participants: 568
- Total Assets: $42.1M
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 | 568 | $42.1M | $1.9M | $3.8M |
| 2023 | 536 | $36.3M | $2.0M | $3.2M |
| 2022 | 377 | $25.1M | $0 | $2.3M |
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 |
|---|---|---|---|---|
| BURKETT BURKETT AND BURKETT CPA | 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 | $89,323 | $77,136 | — | — | — |
| 2023 | $66,112 | $58,369 | — | — | — |
| 2022 | $58,334 | — | — | — | — |