Plan Ledger DOL Form 5500 · updated monthly

Encore Group (USA), LLC401(k)

ENCORE GROUP (USA) LLC RETIREMENT SAVINGS PLAN · SCHILLER PARK, IL · plan year 2024

Reported admin expense ratio · 2024
0.19%

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

Encore Group (USA), LLC reported $815,539 in plan administrative expenses for 2024: 0.19% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,114 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 0.16% to 0.19%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other real estate & leasing employers. By assets it is the 170th-largest of 3,702 plans among Illinois employers on file, and the 26th of 2,096 in real estate & leasing. In 2024, employees put in $2.93 for every $1.00 the employer contributed; active participation has shrunk from 16,490 to 10,531 since 2022.

Plan summary
Net assets, end of year$453,237,264
Participants with balances11,662
Active participants10,531
Employer contributions$11,732,357
Employee contributions$34,423,702
Employer contribution per active participant$1,114
Average account balance$38,864
Benefits paid to participants$32,652,902
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$453.2M · 11,662 accts · $11.7M emplr
2023$385.3M · 12,402 accts · $10.7M emplr
2022$310.9M · 11,454 accts · $7.7M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$657,852
Investment management$26,937
Audit (IQPA)$130,750
Total administrative$815,539
The Encore Group (USA), LLC 401(k) match · 2024
Employer contribution per active participant$1,114
Median for plans this size$4,294
2024$1,114 per active participant
2023$1,186 per active participant
2022$464 per active participant

Encore Group (USA), LLC's 2024 employer contribution ran below the $4,294 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 · 20245
GALLAGHER BENEFIT SERVICES INC DBA · Accounting / audit$80,000
P&M HOLDING GROUP LLP DBA PLANTE · Accounting / audit$43,500
ADVISED ASSETS GROUP, LLC · Investment management$26,937
SIKICH CPA LLC · Accounting / audit$7,250

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$815,539 · 0.19%
2023$724,092 · 0.21%
2022$552,824 · 0.16%
Same employer
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Source: U.S. Department of Labor, Form 5500 series, EIN 134025666 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.