Plan Ledger DOL Form 5500 · updated monthly

Encore Enterprises, Inc.401(k)

ENCORE ENTERPRISES, INC. 401(K) PROFIT SHARING PLAN · PLANO, TX · plan year 2024

Reported admin expense ratio · 2024
0.42%

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

Encore Enterprises, Inc. reported $28,548 in plan administrative expenses for 2024: 0.42% of average plan assets, below the peer median. Employer contributions averaged $121 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 0.420%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other real estate & leasing employers. By assets it is among the smaller plans on file in Texas (3,391st of 5,688), and 1,259th of 2,096 in real estate & leasing. In 2024, employees put in $7.95 for every $1.00 the employer contributed; active participation has grown from 405 to 1,716 since 2022.

Plan summary
Net assets, end of year$7,991,742
Participants with balances518
Active participants1,716
Employer contributions$208,296
Employee contributions$1,655,854
Employer contribution per active participant$121
Average account balance$15,428
Benefits paid to participants$414,905
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$8.0M · 518 accts · $208K emplr
2023$5.6M · 422 accts
2022$3.9M · 412 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$28,548
Total administrative$28,548
The Encore Enterprises, Inc. 401(k) match · 2024
Employer contribution per active participant$121
Median for plans this size$1,313

Encore Enterprises, Inc.'s 2024 employer contribution ran below the $1,313 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
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$28,548
PRINCIPAL SECURITIES INC · Other servicesindirect comp
WILSHIRE ADVISORS LLC · 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$28,548 · 0.42%
2023$20,691 · 0.43%
2022$15,004 · 0.42%
Same employer
Similar plansReal Estate & Leasing · Texas
Bestway Rental, Inc. TX$8.7M · 0.68%
Madera Residential TX$8.2M · 1.14%
Capps Rent-A-Car, Inc. TX$7.8M · 0.78%
Lumacorp, Inc. TX$7.7M · 0.22%

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Source: U.S. Department of Labor, Form 5500 series, EIN 640915741 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.