Plan Ledger DOL Form 5500 · updated monthly

Encon United Company401(k)

ENCON UNITED 401(K) PLAN · DENVER, CO · plan year 2024

Reported admin expense ratio · 2024
0.36%

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

Encon United Company reported $64,258 in plan administrative expenses for 2024: 0.36% of average plan assets, above the peer median. Employer contributions averaged $2,122 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 3 years on file its reported administrative ratio has held roughly steady near 0.36%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other construction employers. By assets it is the 549th-largest of 1,461 plans among Colorado employers on file, and the 2,132nd of 5,337 in construction. In 2024, employees put in $2.01 for every $1.00 the employer contributed; active participation has shrunk from 235 to 202 since 2022.

Plan summary
Net assets, end of year$18,672,869
Participants with balances151
Active participants202
Employer contributions$428,629
Employee contributions$859,936
Employer contribution per active participant$2,122
Average account balance$123,661
Benefits paid to participants$1,815,895
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$18.7M · 151 accts · $429K emplr
2023$17.1M · 167 accts · $443K emplr
2022$15.4M · 180 accts · $452K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$64,258
Total administrative$64,258
The Encon United Company 401(k) match · 2024
Employer contribution per active participant$2,122
Median for plans this size$2,416
2024$2,122 per active participant
2023$2,003 per active participant
2022$1,922 per active participant

Encon United Company's 2024 employer contribution ran below 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 · 20242
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator$64,257
CREATIVE PLANNING, INC. · Investment advisory (plan)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$64,258 · 0.36%
2023$58,211 · 0.36%
2022$63,486 · 0.34%
Same employer
Similar plansConstruction · Colorado
Kelley Trucking Inc. CO$19.6M · 0.54%
Jhl Constructors LLC CO$19.5M · 0.69%
Longbow Industries CO$18.5M · 0.54%
Greiner Electric, LLC CO$18.1M · 0.24%

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Source: U.S. Department of Labor, Form 5500 series, EIN 751464077 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.