Plan Ledger DOL Form 5500 · updated monthly

Enable Injections, Inc.401(k)

ENABLE INJECTIONS 401(K) PLAN · CINCINNATI, OH · plan year 2024

Reported admin expense ratio · 2024
0.57%

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

Enable Injections, Inc. reported $58,995 in plan administrative expenses for 2024: 0.57% of average plan assets, higher than ~75% of peers. Employer contributions averaged $3,975 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 0.64% to 0.57%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Ohio (1,825th of 3,295), and 8,052nd of 13,661 in manufacturing. In 2024, employees put in $2.59 for every $1.00 the employer contributed; active participation has grown from 178 to 198 since 2022.

Plan summary
Net assets, end of year$11,928,508
Participants with balances207
Active participants198
Employer contributions$787,080
Employee contributions$2,039,305
Employer contribution per active participant$3,975
Average account balance$57,626
Benefits paid to participants$1,082,061
Plan auditUnmodified (clean) audit opinion
AuditorDEAN DORTON (PKA VONLEHMAN & CO
Plan history3
Yearassets · accounts · employer contribution
2024$11.9M · 207 accts · $787K emplr
2023$8.7M · 228 accts · $611K emplr
2022$5.6M · 190 accts · $627K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$33,839
Investment management$25,156
Total administrative$58,995
The Enable Injections, Inc. 401(k) match · 2024
Employer contribution per active participant$3,975
Median for plans this size$2,416
2024$3,975 per active participant
2023$3,302 per active participant
2022$3,524 per active participant

Enable Injections, Inc.'s 2024 employer contribution ran above the $2,416 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 · 20244
PNC BANK NA · Investment advisory (plan)$18,438
EMPOWER ADVISORY GROUP, LLC · Investment management$6,718
HORAN SECURITIES INCindirect 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$58,995 · 0.57%
2023$45,961 · 0.64%
2022$33,329 · 0.64%
Same employer
Similar plansManufacturing · Ohio
Fire-Dex, LLC OH$12.1M · 0.57%
Freeway Corporation OH$12.1M · 0.01%
Brennan Industries, Inc. OH$12.0M · 0.76%
Ramco Specialties, Inc. OH$11.9M · 0.45%
Neograf Solutions, LLC OH$11.9M · 0.31%
Baesman Group, Inc. OH$11.9M · 0.18%
Tricor Industrial, Inc. OH$11.8M · 0.54%
Custom Agri Systems, Inc. OH$11.8M · 0.48%

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Source: U.S. Department of Labor, Form 5500 series, EIN 271837834 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.