Plan Ledger DOL Form 5500 · updated monthly

Enercon, LTD.401(k)

GRUMMAN/BUTKUS ASSOCIATES, LTD. EMPLOYEE 401(K) PLAN · EVANSTON, IL · plan year 2024

Reported admin expense ratio · 2024
0.09%

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

Enercon, LTD. reported $49,020 in plan administrative expenses for 2024: 0.09% of average plan assets, below the peer median. Employer contributions averaged $4,699 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 fell from 0.10% to 0.09%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other professional & technical services employers. By assets it is the 788th-largest of 3,702 plans among Illinois employers on file, and the 2,345th of 11,654 in professional & technical services. In 2024, employees put in $2.98 for every $1.00 the employer contributed; active participation has grown from 130 to 146 since 2022.

Plan summary
Net assets, end of year$60,910,569
Participants with balances185
Active participants146
Employer contributions$686,010
Employee contributions$2,045,282
Employer contribution per active participant$4,699
Average account balance$329,246
Benefits paid to participants$2,066,288
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$60.9M · 185 accts · $686K emplr
2023$52.0M · 174 accts · $762K emplr
2022$43.6M · 169 accts · $709K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$18,276
Investment management$16,429
Audit (IQPA)$14,100
Total administrative$49,020
The Enercon, LTD. 401(k) match · 2024
Employer contribution per active participant$4,699
Median for plans this size$3,635
2024$4,699 per active participant
2023$5,367 per active participant
2022$5,453 per active participant

Enercon, LTD.'s 2024 employer contribution ran above the $3,635 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 · 20245
ALLIANCE PENSION CONSULTANTS, LLC · Recordkeeping · Consulting$18,276
NATIONAL FINANCIAL PARTNERS · Investment advisory (plan)$16,429
PORTE BROWN LLC · Accounting / audit$14,100
CHARLES SCHWAB TRUST BANK · Custodial (securities) · Trusteeindirect comp

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

Recordkeeper by year2
2024ALLIANCE PENSION CONSULTANTS, LLC
2023ALLIANCE PENSION CONSULTANTS, LLC

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

Administrative cost history3
2024$49,020 · 0.09%
2023$45,148 · 0.09%
2022$46,452 · 0.10%
Same employer
Similar plansProfessional & Technical Services · Illinois
Mintel Group LTD. IL$64.9M · 0.26%
Ulse Inc. IL$63.5M · 0.05%
Batescarey LLP IL$61.7M · 0.24%
Much Shelist, P.C. IL$60.2M · 0.20%
SAI360 Inc. IL$59.5M · 0.24%
Vistex, Inc. IL$58.9M · 0.56%

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Source: U.S. Department of Labor, Form 5500 series, EIN 362768271 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.