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Original filing (PDF)20251009104713NAL0006473105001
EMPLOYMENT SERVICES, INC.
Form 5500
FILING_RECEIVED
401(K) RETIREMENT & SAVINGS PLAN
401(k) retirement plan
Signals · 2
29% in single holdingNo recordkeeper disclosed
Active participants
1,210
Accounts w/ balance
776
Plan assets (EOY)
$103.9M
Net assets (EOY)
$103.9M
How this plan invests
This plan
12 pooled trusts
Schedule D
21 securities
funds · stocks · CUSIPs
Holdings are itemized directly on this plan's Schedule of Assets, below.
Plan health score (directional)
83
/ 100
Grade B
Above-average plan
Directional indicator computed from public Form 5500 data — compliance, concentration, cost, vendor stack and participation. Not a fiduciary tool.
Compliance & disclosures
100
Concentration risk
85
Total plan cost
65
Vendor stack
80
Participation health
80
Knocking points off
- Top holding "Collective investment trusts Great Gray Trust Growth Managed Account Portfolio Fund" is 29% of plan.
- 15 bps in Schedule C fees — 54% above peer band of 10 bps.
- No recordkeeper disclosed on Schedule C.
- 64% balance-to-active ratio — below typical for a healthy 401(k).
Decision-maker contacts
CFO / Head of HR / Benefits Manager — verified email + LinkedIn for EMPLOYMENT SERVICES, INC..
Plan sponsor
Name
EMPLOYMENT SERVICES, INC.
EIN
38-3637814
Address
110 W. CHISHOLM STREET · ALPENA, MI · 49707
Phone
(989) 358-4015
Industry
Admin Support & Waste Mgmtsee all
Plan administrator
Name
EMPLOYMENT SERVICES, INC.
EIN
38-3637814
City
ALPENA, MI
Phone
(989) 358-7190
Plan characteristics
Plan number
001
Plan year
2024
Plan year begin
2024-01-01
Tax period
2024-12-31
Filed
2025-10-09
Pension benefit codes
2E · Profit-sharing
2F · ERISA section 404(c)
2G · Total participant-directed accounts
2J · 401(k) feature
2K · 401(m) arrangement
2T · Default investment account (QDIA)
3H · Sponsor in controlled / affiliated group
2X · Other multiple-employer DC plan
Audit & trust (Schedule H)
Auditor
REHMANN ROBSON LLC
Trustee / custodian
—
Trustee phone
—
Service providers (Schedule C)
2 rowsOther
2| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| CAPFINANCIAL PARTNERS, LLC | 26-0058143 | — | INVESTMENT CO | $80K | — |
| JOHN HANCOCK | 01-0233346 | — | RETAINED BY EMPLOYER | $79K | — |
Investments
10 direct securities · 12 pooled funds· $103.6M(100% of reported assets)
Rows tagged as a trust or pooled fund hold many underlying securities. Click one to drill into its own Schedule of Assets — where the individual funds, shares, and CUSIPs live.
Common Collective Trust
$82.2M
11 holdings
Mutual Funds
$11.5M
1 holding
Uncategorized
$7.2M
9 holdings
Pooled Separate Account
$2.7M
1 holding
| PI | Investment | Type | Shares / units | Cost | Current value | % of plan |
|---|---|---|---|---|---|---|
| GROWTH MANAGED ACCOUNT GREAT GRAY TRUST · EIN 46-3773972 / PN 183 | Common Collective Trust | — | — | $30.1M | 29.0% | |
| MODERATE MANAGED ACCOUNT GREAT GRAY TRUST · EIN 46-3768480 / PN 182 | Common Collective Trust | — | — | $18.9M | 18.2% | |
| AGGRESSIVE MANAGED ACCOUNT GREAT GRAY TRUST · EIN 46-3787800 / PN 184 | Common Collective Trust | — | — | $12.9M | 12.5% | |
| BLUE CHIP GRWTH TRUST T T. ROWE PRICE TRUST COMPANY · EIN 83-1098532 / PN 187 | Common Collective Trust | — | — | $11.9M | 11.5% | |
| Vanguard Institutional Index Fund | Mutual Funds | — | — | $11.5M | 11.1% | |
| CONSERVATIVE MANAGED ACCOUNT GREAT GRAY TRUST · EIN 46-3750663 / PN 181 | Common Collective Trust | — | — | $3.7M | 3.6% | |
| NYL STABLE VALUE ACCOUNT NEW YORK LIFE INSURANCE COMPANY · EIN 13-5582869 / PN 125 | Pooled Separate Account | — | — | $2.7M | 2.6% | |
| Dodge & Cox Income Fund | — | — | — | $2.3M | 2.2% | |
| Vanguard Extended Market Index Admiral Shares Fund | — | — | — | $1.4M | 1.4% | |
| MFS LARGE CAP VALUE GREAT GRAY TRUST · EIN 38-7275332 / PN 781 | Common Collective Trust | — | — | $1.4M | 1.3% | |
| MFS MID CAP GROWTH FUND GREAT GRAY TRUST · EIN 38-4126294 / PN 597 | Common Collective Trust | — | — | $1.3M | 1.2% | |
| GG EUROPACIFIC GROWTH CT GREAT GRAY TRUST · EIN 38-7289843 / PN 001 | Common Collective Trust | — | — | $1.2M | 1.1% | |
| Dodge & Cox International Stock Fund | — | — | — | $967K | 0.9% | |
| Principal Small Cap Growth Class R6 Fund | — | — | — | $795K | 0.8% | |
| MFS MID CAP VALUE FUND GREAT GRAY TRUST · EIN 38-4139822 / PN 616 | Common Collective Trust | — | — | $711K | 0.7% | |
| Vanguard Total Bond Index Admiral Shares Fund | — | — | — | $578K | 0.6% | |
| American Beacon Small Cap Value R6 Fund | — | — | — | $425K | 0.4% | |
| Vanguard Emerging Markets Stock Index Admiral Shares Fund | — | — | — | $351K | 0.3% | |
| PIMCO Income Institutional Class Fund | — | — | — | $327K | 0.3% | |
| INCOME MANAGED ACCOUNT GREAT GRAY TRUST · EIN 46-3745190 / PN 180 | Common Collective Trust | — | — | $140K | 0.1% | |
| Legg Mason Brandywine Global Opportunities Bond I Fund | — | — | — | $51K | <0.1% | |
| NEW YORK LIFE ANCHOR STABLE VALUE RELIANCE TRUST · EIN 46-6350416 / PN 001 | Common Collective Trust | — | — | $0 | <0.1% |
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