Plan Ledger DOL Form 5500 · updated monthly

Ennis Electric Company, Inc.401(k)

ENNIS ELECTRIC COMPANY, INC. 401(K) RETIREMENT PLAN · MANASSAS, VA · plan year 2024

Reported admin expense ratio · 2024
0.25%

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

Ennis Electric Company, Inc. reported $66,236 in plan administrative expenses for 2024: 0.25% of average plan assets, below the peer median. Employer contributions averaged $3,310 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 0.28% to 0.25%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other construction employers. By assets it is the 767th-largest of 2,266 plans among Virginia employers on file, and the 1,583rd of 5,337 in construction. In 2024, employees put in $2.64 for every $1.00 the employer contributed; active participation has grown from 98 to 113 since 2022.

Plan summary
Net assets, end of year$28,505,057
Participants with balances157
Active participants113
Employer contributions$374,053
Employee contributions$986,062
Employer contribution per active participant$3,310
Average account balance$181,561
Benefits paid to participants$1,269,376
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$28.5M · 157 accts · $374K emplr
2023$24.6M · 159 accts · $339K emplr
2022$22.3M · 151 accts · $291K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$66,236
Total administrative$66,236
The Ennis Electric Company, Inc. 401(k) match · 2024
Employer contribution per active participant$3,310
Median for plans this size$2,416
2024$3,310 per active participant
2023$3,108 per active participant
2022$2,974 per active participant

Ennis Electric Company, Inc.'s 2024 employer contribution ran above the $2,416 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
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator$66,236
OSAIC WEALTH INC · Other servicesindirect 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$66,236 · 0.25%
2023$71,664 · 0.31%
2022$71,647 · 0.28%
All plans at this employer2
ENNIS ELECTRIC COMPANY, INC. 401(K) RETIREMENT PLAN401(k)
ENNIS ELECTRIC COMPANY, INC. EMPLOYEE STOCK OWNERSHIP PLAN AND TRUSTESOP
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Kbs, Inc. VA$33.7M · 0.35%
Hourigan Construction Corp. VA$30.0M · 0.33%
Waco, Inc. VA$27.6M · 0.24%
C. J. Coakley Co., Inc. VA$25.3M · 0.73%
Slurry Pavers, Inc. VA$22.6M · 0.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 540969294 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.