Plan Ledger DOL Form 5500 · updated monthly

Enbi Rochester, Inc.401(k)

ENBI 401(K) PLAN · ROCHESTER, NY · plan year 2024

Reported admin expense ratio · 2024
0.36%

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

Enbi Rochester, Inc. reported $30,086 in plan administrative expenses for 2024: 0.36% of average plan assets, below the peer median. Employer contributions averaged $2,323 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 0.43% to 0.36%. 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 New York (3,531st of 5,648), and 8,525th of 13,661 in manufacturing. In 2024, employees put in $2.07 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$10,613,950
Participants with balances140
Active participants115
Employer contributions$267,111
Employee contributions$552,484
Employer contribution per active participant$2,323
Average account balance$75,814
Benefits paid to participants$487,249
Plan auditUnmodified (clean) audit opinion
AuditorKEMPER CPA
Plan history3
Yearassets · accounts · employer contribution
2024$10.6M · 140 accts · $267K emplr
2023$6.3M · 159 accts · $278K emplr
2022$5.1M · 144 accts · $266K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$10,546
Investment management$19,540
Total administrative$30,086
The Enbi Rochester, Inc. 401(k) match · 2024
Employer contribution per active participant$2,323
Median for plans this size$1,313
2024$2,323 per active participant
2023$2,260 per active participant
2022$2,094 per active participant

Enbi Rochester, Inc.'s 2024 employer contribution ran above the $1,313 median for plans its size, placing it in the top 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
SAGE RUTTY & COMPANY INC · Investment advisory (plan)$19,540
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$10,824

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$30,086 · 0.36%
2023$27,046 · 0.47%
2022$23,715 · 0.43%
Similar plansManufacturing · New York
J.N. White Associates, Inc. NY$10.8M · 0.41%
Turn on Products, Inc. NY$10.7M · 0.70%
Harbec Inc NY$10.7M · 0.42%
Sepac, Inc NY$10.7M · 0.54%
Gehring Tricot Corp. NY$10.6M · 0.43%
Hydro-Air Components, Inc. NY$10.5M · 0.38%
T & L Automatics, Inc. NY$10.3M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 161140044 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.