Plan Ledger DOL Form 5500 · updated monthly

Encompass LLC401(k)

ENCOMPASS LLC 401(K) PROFIT SHARING PLAN · SILVER SPRING, MD · plan year 2024

Reported admin expense ratio · 2024
0.27%

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

Encompass LLC reported $49,698 in plan administrative expenses for 2024: 0.27% of average plan assets, below the peer median. Employer contributions averaged $4,506 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 0.28% to 0.34%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 636th-largest of 1,671 plans among Maryland employers on file, and the 5,399th of 11,654 in professional & technical services. In 2024, employees put in $1.70 for every $1.00 the employer contributed; active participation has grown from 162 to 264 since 2022.

Plan summary
Net assets, end of year$20,857,220
Participants with balances305
Active participants264
Employer contributions$1,189,488
Employee contributions$2,028,060
Employer contribution per active participant$4,506
Average account balance$68,384
Benefits paid to participants$546,860
Plan auditUnmodified (clean) audit opinion
AuditorAPRIO, LLP
Plan history4
Yearassets · accounts · employer contribution
2025$12.5M · 169 accts · $269K emplr
2024$20.9M · 305 accts · $1.2M emplr
2023$15.4M · 252 accts · $886K emplr
2022$11.8M · 202 accts · $802K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$19,123
Investment management$30,575
Total administrative$49,698
The Encompass LLC 401(k) match · 2024
Employer contribution per active participant$4,506
Median for plans this size$2,416
2025$26,856 per active participant
2024$4,506 per active participant
2023$4,566 per active participant
2022$4,948 per active participant

Encompass LLC's 2024 employer contribution ran above the $2,416 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 · 20243
COMMONWEALTH EQUITY SERVICES LLC · Investment advisory (plan)$30,575
CAPITAL GROUP RETIREMENT SERVICES$16,073
SIEGEL ACTUARIAL CONSULTING, INC. · Contract administrator$3,050

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

Administrative cost history4
2025$57,165 · 0.34%
2024$49,698 · 0.27%
2023$38,442 · 0.28%
2022Not separately reported
Similar plansProfessional & Technical Services · Maryland
Pessin Katz Law, PA MD$21.2M · 0.41%
Fgs, LLC MD$21.1M · 0.49%
Excet, Inc. MD$21.0M · 0.33%
Ops Consulting, LLC MD$20.3M · 0.45%
George, Miles & Buhr LLC MD$19.8M · 0.29%
Rbr-Technologies, Inc. MD$19.6M · 0.50%

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Source: U.S. Department of Labor, Form 5500 series, EIN 522228651 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.