Plan Snapshot
- Plan Sponsor: Essential Hr, INC.
- Sponsor EIN: 752545443
- Sponsor Address: 4455 LBJ FRWY 1080, DALLAS, TX, 75244
- Plan Type: 401(k)
- Total Participants: 308
- Total Assets: $16.5M
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 | 308 | $16.5M | $364,671 | $869,255 |
| 2023 | 258 | $8.4M | $237,722 | $802,166 |
| 2022 | 515 | $8.1M | $293,877 | $913,259 |
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 |
|---|---|---|---|---|
| SLAVIC INTEGRATED ADMINISTRATION | TPA | $62,816 | — | $62,816 |
| SLAVIC MUTUAL FUND MANAGEMENT | INVESTMENT MGMT | $15,934 | — | $15,934 |
| FIDUCIARY PARTNERS RETIREMENT GROUP | INV ADVISORY | $7,919 | — | $7,919 |
| FIDUCIARY PARTNERS INV CONSULTING | INV ADVISORY | $7,918 | — | $7,918 |
| RONALD W. CLAYBORN, CPA | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $94,587
- Estimated Expense Ratio: 0.574% 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 | $94,587 | $31,771 | $62,816 | — | — |
| 2023 | $81,171 | $25,598 | $55,573 | — | — |
| 2022 | $77,447 | $24,833 | $52,614 | — | — |