Plan Ledger DOL Form 5500 · updated monthly

Easy Step Enterprises, LLC401(k)

EASY STEP ENTERPRISES, LLC 401(K) PLAN · RICHMOND, VA · plan year 2024

Reported admin expense ratio · 2024
0.79%

Peer grade: B · admin costs + employer contributions vs same-size plans · how grading works

Easy Step Enterprises, LLC reported $13,294 in plan administrative expenses for 2024: 0.79% of average plan assets, above the peer median. Employer contributions averaged $1,453 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in Virginia (2,075th of 2,266), and 4,641st of 5,215 in retail trade. In 2024, employees put in $1.74 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,098,965
Participants with balances271
Active participants206
Employer contributions$299,321
Employee contributions$520,304
Employer contribution per active participant$1,453
Average account balance$7,745
Benefits paid to participants$179,174
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$11,677
Investment management$867
Total administrative$13,294
The Easy Step Enterprises, LLC 401(k) match · 2024
Employer contribution per active participant$1,453
Median for plans this size$1,313

Easy Step Enterprises, LLC's 2024 employer contribution ran above the $1,313 median for plans its size. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20241

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history1
2024$13,294 · 0.79%
Same employer
Similar plansRetail Trade · Virginia
Bonfire Funds Inc VA$3.2M · 1.51%
McDonald Gardens LLC VA$2.6M · 0.39%
Marble Systems Inc VA$2.1M · 1.31%
Beamon & Johnson, Inc. VA$2.0M · 0.56%
Dulles Motor Cars, Inc. VA$1.8M · 0.85%
Musictoday II, LLC VA$1.4M · 0.52%

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Source: U.S. Department of Labor, Form 5500 series, EIN 843003833 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.