Plan Ledger DOL Form 5500 · updated monthly

Echo Engineering & Production Supplies, Inc.401(k)

ECHO SUPPLY, INC. 401(K) RETIREMENT PLAN · INDIANAPOLIS, IN · plan year 2024

Reported admin expense ratio · 2024
0.65%

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

Echo Engineering & Production Supplies, Inc. reported $42,247 in plan administrative expenses for 2024: 0.65% of average plan assets, above the peer median. Employer contributions averaged $1,321 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.

Across the 2 years on file its reported administrative ratio fell from 0.78% to 0.65%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Indiana (1,052nd of 1,562), and 10,249th of 13,661 in manufacturing. In 2024, employees put in $2.88 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$6,876,871
Participants with balances132
Active participants129
Employer contributions$170,379
Employee contributions$490,027
Employer contribution per active participant$1,321
Average account balance$52,098
Benefits paid to participants$684,782
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$6.9M · 132 accts · $170K emplr
2023$6.0M · 148 accts · $165K emplr
2022$4.8M · 150 accts · $170K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$42,247
Total administrative$42,247
The Echo Engineering & Production Supplies, Inc. 401(k) match · 2024
Employer contribution per active participant$1,321
Median for plans this size$1,313
2024$1,321 per active participant
2023$1,148 per active participant
2022$1,231 per active participant

Echo Engineering & Production Supplies, Inc.'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 · 20242
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator$42,247
LPL FINANCIAL LLC - RPCP · Investment advisory (plan)indirect comp

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

Administrative cost history3
2024$42,247 · 0.65%
2023$41,669 · 0.77%
2022$39,723 · 0.78%
Same employer
Similar plansManufacturing · Indiana
Polyjohn Enterprises, LLC IN$7.3M · 0.02%
Kore Outdoor US Inc. IN$7.2M · 0.03%
Mahoney Foundries, Inc. IN$7.0M · 1.10%
Brinly-Hardy Company IN$6.8M · 0.81%
Bci Solutions, Inc. IN$6.6M · 0.66%
Fox Products Corporation IN$6.6M · 0.48%

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Source: U.S. Department of Labor, Form 5500 series, EIN 352109795 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.