Plan Snapshot
- Plan Sponsor: Essential Services Intermediate Holding Corporation Dba Turnpoint Serv
- Sponsor EIN: 813502817
- Sponsor Address: 139 S ENGLISH STATION RD, LOUISVILLE, KY, 40245
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 10,030
- Total Assets: $170.3M
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. |
|---|---|---|---|---|
| 2025 | 10,030 | $170.3M | $0 | $0 |
| 2024 | 6,351 | $131.5M | $6.4M | $24.0M |
| 2023 | 5,749 | $100.2M | $5.4M | $21.5M |
| 2022 | 5,139 | $64.9M | $4.7M | $16.4M |
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 |
|---|---|---|---|---|
| FIDELITY INVESTMENTS INSTITUTIONAL | Recordkeeper | $514,255 | — | $514,255 |
| ROBERT W BAIRD & CO | Investment Advisor | $97,781 | — | $97,781 |
| STRATEGIC ADVISORS, INC. | Investment Advisor | $36,869 | — | $36,869 |
| JONES, NALE & MATTINGLY PLC | Auditor | $33,000 | — | $33,000 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $681,905
- Estimated Expense Ratio: 0.400% 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 |
|---|---|---|---|---|---|
| 2025 | $22,282,271 | $134,650 | — | $33,000 | — |
| 2024 | $660,479 | $114,275 | $1,500 | $15,000 | — |
| 2023 | $638,950 | $145,089 | — | $23,000 | — |
| 2022 | $359,445 | $6,470 | — | — | — |