Plan Ledger DOL Form 5500 · updated monthly

Econtrols, LLC401(k)

GENISYS CONTROLS 401(K) PROFIT SHARING PLAN · SAN ANTONIO, TX · plan year 2023

Reported admin expense ratio · 2023
0.26%

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

Econtrols, LLC reported $140,419 in plan administrative expenses for 2023: 0.26% of average plan assets, higher than ~75% of peers. Employer contributions averaged $4,956 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 0.29% to 0.25%. The plan sits in the $50M–$250M size bracket, benchmarked here against 9,317 comparable plans and shown alongside other manufacturing employers. By assets it is the 956th-largest of 5,688 plans among Texas employers on file, and the 2,840th of 13,661 in manufacturing. In 2023, employees put in $1.71 for every $1.00 the employer contributed; active participation has shrunk from 701 to 508 since 2022.

Plan summary
Net assets, end of year$57,639,710
Participants with balances820
Active participants508
Employer contributions$2,517,813
Employee contributions$4,314,438
Employer contribution per active participant$4,956
Average account balance$70,292
Benefits paid to participants$7,311,375
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$54.1M · 714 accts · $1.8M emplr
2023$57.6M · 820 accts · $2.5M emplr
2022$51.4M · 840 accts · $1.9M emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$140,419
Total administrative$140,419
The Econtrols, LLC 401(k) match · 2023
Employer contribution per active participant$4,956
Median for plans this size$3,659
2024$3,665 per active participant
2023$4,956 per active participant
2022$2,723 per active participant

Econtrols, LLC's 2023 employer contribution ran above the $3,659 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20231
MERRILL LYNCH, PIERCE, FENNER AND S · Recordkeeping$140,419

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

Recordkeeper by year2
2024Bank of America / Merrill
2023Bank of America / Merrill

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$141,518 · 0.25%
2023$140,419 · 0.26%
2022$161,066 · 0.29%
Same employer
Similar plansManufacturing · Texas
Ricetec, Inc. TX$58.1M · 0.15%
Prince Minerals LLC TX$57.9M · 0.06%
Thermon, Inc. TX$57.6M · 0.22%
Merichem Company TX$54.6M · 0.07%

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Source: U.S. Department of Labor, Form 5500 series, EIN 271071283 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.