Plan Ledger DOL Form 5500 · updated monthly

Encore Electric, Inc.401(k)

ENCORE ELECTRIC, INC. 401(K) PLAN · LAKEWOOD, CO · plan year 2024

Reported admin expense ratio · 2024
0.18%

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

Encore Electric, Inc. reported $152,791 in plan administrative expenses for 2024: 0.18% of average plan assets, above the peer median. Employer contributions averaged $3,393 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 0.15% to 0.18%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other construction employers. By assets it is the 138th-largest of 1,461 plans among Colorado employers on file, and the 658th of 5,337 in construction. In 2024, employees put in $1.78 for every $1.00 the employer contributed; active participation has grown from 981 to 1,243 since 2022.

Plan summary
Net assets, end of year$92,137,484
Participants with balances1,529
Active participants1,243
Employer contributions$4,217,028
Employee contributions$7,521,531
Employer contribution per active participant$3,393
Average account balance$60,260
Benefits paid to participants$6,819,993
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$92.1M · 1,529 accts · $4.2M emplr
2023$75.5M · 1,254 accts · $3.1M emplr
2022$58.0M · 1,149 accts · $2.9M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$122,791
Investment management$22,500
Total administrative$152,791
The Encore Electric, Inc. 401(k) match · 2024
Employer contribution per active participant$3,393
Median for plans this size$3,635
2024$3,393 per active participant
2023$2,940 per active participant
2022$2,996 per active participant

Encore Electric, Inc.'s 2024 employer contribution ran below the $3,635 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
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$130,291
PRIME CAPITAL INVESTMENT ADVISORS · Investment advisory (plan)$22,500

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$152,791 · 0.18%
2023$105,900 · 0.16%
2022$90,206 · 0.15%
Same employer
Similar plansConstruction · Colorado
Flatiron Construction Corp. CO$261.0M · 0.18%
Myr Group Inc. CO$221.6M · 0.09%
Isec, Inc. CO$118.2M · 0.10%
Century Communities, Inc. CO$113.2M · 0.13%
Safebuilt, LLC CO$84.7M · 0.10%
Fci Constructors, Inc. CO$82.2M · 0.14%

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Source: U.S. Department of Labor, Form 5500 series, EIN 470903643 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.