Plan Ledger DOL Form 5500 · updated monthly

Encore Repair Services, LLC401(k)

ENCORE REPAIR SERVICES LLC 401(K) PLAN · ELGIN, IL · plan year 2024

Reported admin expense ratio · 2024
0.07%

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

Encore Repair Services, LLC reported $1,650 in plan administrative expenses for 2024: 0.07% of average plan assets, lower than ~75% of peers. Employer contributions averaged $980 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 1 year on file its reported administrative ratio rose from 0.06% to 0.07%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other wholesale trade employers. By assets it is among the smaller plans on file in Illinois (3,259th of 3,702), and 3,958th of 4,246 in wholesale trade. In 2024, employees put in $1.40 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,779,912
Participants with balances178
Active participants258
Employer contributions$252,852
Employee contributions$354,194
Employer contribution per active participant$980
Average account balance$15,617
Benefits paid to participants$146,150
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2024$2.8M · 178 accts · $253K emplr
2023$2.0M · 167 accts · $224K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,650
Total administrative$1,650
The Encore Repair Services, LLC 401(k) match · 2024
Employer contribution per active participant$980
Median for plans this size$1,313
2024$980 per active participant
2023$1,302 per active participant

Encore Repair Services, LLC's 2024 employer contribution ran below the $1,313 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 · 20241
THE VANGUARD GROUP, INC. · Loan processing · Recordkeeping$1,650

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024Vanguard
2023Vanguard

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history2
2024$1,650 · 0.07%
2023$1,030 · 0.06%
Same employer
Similar plansWholesale Trade · Illinois
Power Stop LLC IL$4.1M · 0.48%
Geib Industries, Inc. IL$3.4M · 0.41%
Xirgo IL$3.2M · 0.18%
Mariani Nursery LLC IL$3.2M · 0.01%
Xcell International IL$2.7M · 0.68%
U's Again, LLC IL$1.7M · 1.04%

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Source: U.S. Department of Labor, Form 5500 series, EIN 472527894 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.