Plan Ledger DOL Form 5500 · updated monthly

Enerflex Inc.401(k)

ENERFLEX INC. AND SUBSIDIARIES MATCHED SAVINGS PLAN · HOUSTON, TX · plan year 2024

Reported admin expense ratio · 2024
0.06%

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

Enerflex Inc. reported $73,534 in plan administrative expenses for 2024: 0.06% of average plan assets, below the peer median. Employer contributions averaged $4,612 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 0.06%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other manufacturing employers. By assets it is the 533rd-largest of 5,688 plans among Texas employers on file, and the 1,616th of 13,661 in manufacturing. In 2024, employees put in $1.73 for every $1.00 the employer contributed; active participation has grown from 1,083 to 1,257 since 2022.

Plan summary
Net assets, end of year$124,417,008
Participants with balances1,440
Active participants1,257
Employer contributions$5,796,968
Employee contributions$10,038,511
Employer contribution per active participant$4,612
Average account balance$86,401
Benefits paid to participants$14,846,267
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$124.4M · 1,440 accts · $5.8M emplr
2023$108.9M · 1,404 accts · $5.3M emplr
2022$90.5M · 1,227 accts · $3.4M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$19,326
Investment management$54,208
Total administrative$73,534
The Enerflex Inc. 401(k) match · 2024
Employer contribution per active participant$4,612
Median for plans this size$3,635
2024$4,612 per active participant
2023$4,366 per active participant
2022$3,180 per active participant

Enerflex Inc.'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 · 20242
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$54,208
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$19,326

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$73,534 · 0.06%
2023$72,268 · 0.07%
2022$79,315 · 0.10%
Same employer
Similar plansManufacturing · Texas
Diodes, Inc. TX$127.5M · 0.11%
Globitech, Incorporated TX$121.2M · 0.09%
Ruiz Food Products Dcp TX$120.7M · 0.40%

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Source: U.S. Department of Labor, Form 5500 series, EIN 870444172 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.