Plan Ledger DOL Form 5500 · updated monthly

Enovapremier, LLC401(k)

ENOVAPREMIER, LLC 401(K) PLAN · LOUISVILLE, KY · plan year 2025

Reported admin expense ratio · 2025
0.59%

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

Enovapremier, LLC reported $95,965 in plan administrative expenses for 2025: 0.59% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,668 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 4 years on file its reported administrative ratio has held roughly steady near 0.59%. The plan sits in the $10M–$50M size bracket, benchmarked here against 1,620 comparable plans and shown alongside other manufacturing employers. By assets it is the 330th-largest of 871 plans among Kentucky employers on file, and the 6,525th of 13,661 in manufacturing. In 2025, employees put in $3.14 for every $1.00 the employer contributed; active participation has shrunk from 459 to 310 since 2022.

Plan summary
Net assets, end of year$17,217,133
Participants with balances471
Active participants310
Employer contributions$516,983
Employee contributions$1,625,167
Employer contribution per active participant$1,668
Average account balance$36,554
Benefits paid to participants$2,559,519
Plan auditUnmodified (clean) audit opinion
Plan history4
Yearassets · accounts · employer contribution
2025$17.2M · 471 accts · $517K emplr
2024$15.1M · 504 accts · $579K emplr
2023$13.3M · 520 accts · $442K emplr
2022$9.7M · 552 accts · $379K emplr
Administrative expenses, itemized · 2025
Recordkeeping & contract admin$88,664
Investment management$7,301
Total administrative$95,965
The Enovapremier, LLC 401(k) match · 2025
Employer contribution per active participant$1,668
Median for plans this size$2,666
2025$1,668 per active participant
2024$1,382 per active participant
2023$1,015 per active participant
2022$826 per active participant

Enovapremier, LLC's 2025 employer contribution ran below the $2,666 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 2025 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20252
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$7,301

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

Administrative cost history4
2025$95,965 · 0.59%
2024$82,856 · 0.58%
2023$66,019 · 0.57%
2022$60,868 · 0.60%
Same employer
Similar plansManufacturing · Kentucky
Stober Drives, Inc. KY$18.0M · 0.37%
Cc Metals and Alloys, LLC KY$17.3M · 0.04%
Virtus Precision Tube LLC KY$17.2M · 0.07%
Pds Consultants, Inc. KY$16.9M · 0.66%
Wright Implement 1, LLC KY$16.9M · 0.42%
T.Rad North America, Inc. KY$16.5M · 0.78%
Derby Industries, LLC KY$16.3M · 0.12%

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Source: U.S. Department of Labor, Form 5500 series, EIN 260488231 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.