Plan Ledger DOL Form 5500 · updated monthly

Employment Enterprises Inc401(k)

EMPLOYMENT ENTERPRISES, INC. RETIREMENT SAVINGS PLAN · MANASSAS, VA · plan year 2024

Reported admin expense ratio · 2024
1.02%

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

Employment Enterprises Inc reported $103,724 in plan administrative expenses for 2024: 1.02% of average plan assets, higher than ~90% of peers. Employer contributions averaged $98 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 rose from 0.94% to 1.02%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other administrative & support services employers. By assets it is among the smaller plans on file in Virginia (1,389th of 2,266), and the 943rd of 2,534 in administrative & support services. In 2024, employees put in $14.19 for every $1.00 the employer contributed; active participation has shrunk from 1,955 to 1,469 since 2022.

Plan summary
Net assets, end of year$11,100,780
Participants with balances466
Active participants1,469
Employer contributions$144,012
Employee contributions$2,042,968
Employer contribution per active participant$98
Average account balance$23,821
Benefits paid to participants$1,710,120
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$11.1M · 466 accts · $144K emplr
2023$9.2M · 482 accts · $118K emplr
2022$7.1M · 588 accts · $128K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$103,724
Total administrative$103,724
The Employment Enterprises Inc 401(k) match · 2024
Employer contribution per active participant$98
Median for plans this size$2,416
2024$98 per active participant
2023$74 per active participant
2022$66 per active participant

Employment Enterprises Inc's 2024 employer contribution ran below the $2,416 median for plans its size, in the bottom quarter of its peers. 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 · Loan processing$103,724
NFP ADVISOR SERVICES LLC · 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$103,724 · 1.02%
2023$82,476 · 1.01%
2022$68,260 · 0.94%
Similar plansAdministrative & Support Services · Virginia
Lancesoft, Inc. VA$14.5M · 1.89%
Haynes Inc. VA$12.4M · 0.05%
Kr Contracting, Inc. VA$10.9M · 1.24%
Qualx Corporation VA$10.8M · 0.10%
Aeonian LLC VA$10.0M · 0.80%

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Source: U.S. Department of Labor, Form 5500 series, EIN 541487514 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.