Plan Ledger DOL Form 5500 · updated monthly

Enchante Accessories, Inc.401(k)

ENCHANTE ACCESSORIES, INC. 401(K) PLAN · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.11%

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

Enchante Accessories, Inc. reported $16,005 in plan administrative expenses for 2024: 0.11% of average plan assets, lower than ~75% of peers. Employer contributions averaged $741 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 0.05% to 0.11%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other wholesale trade employers. By assets it is among the smaller plans on file in New York (2,834th of 5,648), and 2,246th of 4,246 in wholesale trade. In 2024, employees put in $5.21 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$16,241,734
Participants with balances189
Active participants268
Employer contributions$198,637
Employee contributions$1,034,685
Employer contribution per active participant$741
Average account balance$85,935
Benefits paid to participants$483,733
Plan auditUnmodified (clean) audit opinion
AuditorLM COHEN & COMPANY LLP
Plan history3
Yearassets · accounts · employer contribution
2024$16.2M · 189 accts · $199K emplr
2023$11.8M · 175 accts · $180K emplr
2022$8.6M · 165 accts · $178K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$16,005
Total administrative$16,005
The Enchante Accessories, Inc. 401(k) match · 2024
Employer contribution per active participant$741
Median for plans this size$2,416
2024$741 per active participant
2023$705 per active participant
2022$722 per active participant

Enchante Accessories, 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 · 20243
WORLD INVESTMENT ADVISORS, LLCindirect comp
ASSOCIATED PENSION CONSULTANTS, INC · Other servicesindirect comp
VOYA RETIREMENT INSURANCE & ANNUITY · Investment advisory (participants)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$16,005 · 0.11%
2023$17,787 · 0.17%
2022$4,653 · 0.05%
Similar plansWholesale Trade · New York
Cleaner's Supply Inc. NY$16.4M · 0.13%
Polymedco, Inc. NY$16.3M · 0.26%
B & F Electric Motors, Inc. NY$15.9M · 0.22%
Twos Company, Inc. NY$15.8M · 0.01%
A.L. George LLC NY$15.8M · 0.05%
Index Exchange USA, LLC NY$15.7M · 0.46%

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Source: U.S. Department of Labor, Form 5500 series, EIN 133393218 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.