Plan Snapshot
- Plan Sponsor: Esp Enterprises INC.
- Sponsor EIN: 331024796
- Sponsor Address: 12423 CUTTEN ROAD, HOUSTON, TX, 77066
- Plan Type: 401(k)
- Total Participants: 133
- Total Assets: $375,215
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 | 133 | $375,215 | $22,052 | $42,487 |
| 2023 | 105 | $338,861 | $24,699 | $55,943 |
| 2022 | 73 | $244,183 | $23,289 | $70,303 |
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 |
|---|---|---|---|---|
| AMERICAN TRUST COMPANY | NONE | $7,176 | — | $7,176 |
| MH GROUP LLC | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $7,176
- Estimated Expense Ratio: 1.913% 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 | $7,176 | $1,399 | — | — | — |
| 2023 | $4,152 | $1,016 | — | — | — |
| 2022 | $5,428 | $892 | — | — | — |