Plan Ledger DOL Form 5500 · updated monthly

Encore Pipe & Construction, LLC401(k)

ENCORE PIPE & CONSTRUCTION 401K PLAN · MIDLAND, TX · plan year 2024

Reported admin expense ratio · 2024
1.23%

Encore Pipe & Construction, LLC reported $68,840 in plan administrative expenses for 2024: 1.23% of average plan assets, higher than ~90% of peers. 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 1.12% to 1.23%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in Texas (3,796th of 5,688), and 3,759th of 5,337 in construction. active participation has grown from 140 to 169 since 2022.

Plan summary
Net assets, end of year$6,092,774
Participants with balances202
Active participants169
Employer contributions—
Employee contributions$684,033
Employer contribution per active participant—
Average account balance$30,162
Benefits paid to participants$303,314
Plan auditUnmodified (clean) audit opinion
AuditorBOLINGER SEGARS GILBERT & MOSS LLP
Plan history3
Yearassets · accounts · employer contribution
2024$6.1M · 202 accts
2023$5.1M · 172 accts
2022$4.5M · 175 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$41,138
Investment management$27,702
Total administrative$68,840
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
JOHN HANCOCK · Recordkeeping$2,644
EMPOWER ADVISORY GROUP · Investment management$9,240
RAYMOND JAMES & ASSOC INC · Investment advisory (plan)$8,719
PENTEC PENSION MGMT · Contract administratorindirect 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$68,840 · 1.23%
2023$61,950 · 1.29%
2022$53,036 · 1.12%
Same employer
Similar plansConstruction · Texas
Binkley & Barfield, Inc. TX$6.2M · 1.04%
Rnwbl, LLC TX$6.1M · 0.92%
Able Industrial, LLC TX$6.0M · 0.46%
Lane Supply, Inc. TX$5.8M · 0.24%

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Source: U.S. Department of Labor, Form 5500 series, EIN 454232984 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.