Plan Ledger DOL Form 5500 · updated monthly

Enclave Construction, LLC401(k)

ENCLAVE 401(K) PLAN · WEST FARGO, ND · plan year 2024

Reported admin expense ratio · 2024
0.46%

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

Enclave Construction, LLC reported $26,564 in plan administrative expenses for 2024: 0.46% of average plan assets, below the peer median. Employer contributions averaged $3,336 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 has held roughly steady near 0.46%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in North Dakota (224th of 279), and 3,677th of 5,337 in construction. In 2024, employees put in $1.71 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$6,444,496
Participants with balances197
Active participants165
Employer contributions$550,369
Employee contributions$942,156
Employer contribution per active participant$3,336
Average account balance$32,713
Benefits paid to participants$999,888
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2024$6.4M · 197 accts · $550K emplr
2023$5.0M · 174 accts · $492K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$3,877
Trustee / custodial$22,687
Total administrative$26,564
The Enclave Construction, LLC 401(k) match · 2024
Employer contribution per active participant$3,336
Median for plans this size$1,313
2024$3,336 per active participant
2023$3,213 per active participant

Enclave Construction, LLC'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 · 20241
ALERUS FINANCIAL, N.A. · Recordkeeping · Trustee (discretionary)$26,564

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

Recordkeeper by year2
2024Alerus
2023Alerus

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Administrative cost history2
2024$26,564 · 0.46%
2023$19,838 · 0.48%
Similar plansConstruction · North Dakota
Jdp Electric, Inc. ND$9.4M · 0.32%
Pkg Contracting Inc. ND$7.3M · 0.47%
Vector Construction, Inc. ND$7.1M · 0.79%
Roers Management, Inc. ND$5.2M · 0.43%
All Finish Concrete, Inc. ND$2.7M · 0.65%

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Source: U.S. Department of Labor, Form 5500 series, EIN 383860391 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.