Plan Ledger DOL Form 5500 · updated monthly

Encoura, LLC401(k)

ENCOURA PROFIT SHARING/401(K) PLAN · AUSTIN, TX · plan year 2023

Reported admin expense ratio · 2023
0.18%

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

Encoura, LLC reported $59,429 in plan administrative expenses for 2023: 0.18% of average plan assets, below the peer median. Employer contributions averaged $1,567 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 0.20% to 0.23%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other information & media employers. By assets it is the 1,202nd-largest of 5,688 plans among Texas employers on file, and the 607th of 2,199 in information & media. In 2023, employees put in $2.23 for every $1.00 the employer contributed; active participation has grown from 219 to 988 since 2022.

Plan summary
Net assets, end of year$41,814,826
Participants with balances966
Active participants988
Employer contributions$1,547,709
Employee contributions$3,453,010
Employer contribution per active participant$1,567
Average account balance$43,287
Benefits paid to participants$2,066,224
Plan auditUnmodified (clean) audit opinion
AuditorRSM US LLP
Plan history3
Yearassets · accounts · employer contribution
2024$34.4M · 278 accts · $3.6M emplr
2023$41.8M · 966 accts · $1.5M emplr
2022$22.8M · 246 accts · $1.0M emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$52,277
Investment management$7,152
Total administrative$59,429
The Encoura, LLC 401(k) match · 2023
Employer contribution per active participant$1,567
Median for plans this size$2,440
2024$16,235 per active participant
2023$1,567 per active participant
2022$4,575 per active participant

Encoura, LLC's 2023 employer contribution ran below the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$52,277
GALLAGHER FIDUCIARY ADVISORS, LLC · Investment advisory (plan)$7,152

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$86,195 · 0.23%
2023$59,429 · 0.18%
2022$41,823 · 0.20%
Same employer
Similar plansInformation & Media · Texas
Statacorp LLC TX$46.4M · 0.01%
Asure Operations LLC TX$42.0M · 0.40%
Foreflight LLC TX$41.9M · 0.33%
Argus Media, Inc. TX$40.3M · 0.04%
Frost and Sullivan TX$37.3M · 0.02%
Sparefoot, Inc. TX$36.2M · 0.50%

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Source: U.S. Department of Labor, Form 5500 series, EIN 262320841 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.