Plan Ledger DOL Form 5500 · updated monthly

Enprovera Corp.401(k)

THE ENPROVERA CORP PLUS 401(K) PLAN · TAMPA, FL · plan year 2024

Reported admin expense ratio · 2024
1.99%

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

Enprovera Corp. reported $39,233 in plan administrative expenses for 2024: 1.99% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,039 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 1 year on file its reported administrative ratio fell from 2.10% to 1.99%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Florida (3,070th of 3,644), and 10,823rd of 11,654 in professional & technical services. In 2024, employees put in $4.03 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,187,924
Participants with balances207
Active participants83
Employer contributions$86,218
Employee contributions$347,058
Employer contribution per active participant$1,039
Average account balance$10,570
Benefits paid to participants$397,416
Plan auditUnmodified (clean) audit opinion
AuditorBENDA, GRACE, STULZ & COMPANY, P.C.
Plan history2
Yearassets · accounts · employer contribution
2024$2.2M · 207 accts · $86K emplr
2023$1.8M · 207 accts · $90K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$39,233
Total administrative$39,233
The Enprovera Corp. 401(k) match · 2024
Employer contribution per active participant$1,039
Median for plans this size$1,313
2024$1,039 per active participant
2023$689 per active participant

Enprovera Corp.'s 2024 employer contribution ran below the $1,313 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 · 20241
JOHN HANCOCK LIFE INSURANCE COMPANY · Recordkeeping · Investment management$983

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

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

Administrative cost history2
2024$39,233 · 1.99%
2023$24,728 · 2.10%
Similar plansProfessional & Technical Services · Florida
Cemi International, Inc. FL$2.3M · 0.09%
Larjar Inc D/B/A Procare FL$2.3M · 0.41%
Great Lakes Carpet & Tile FL$2.2M · 0.73%
Tops Software LLC FL$2.0M · 1.33%
Bungalow Living, Inc. FL$2.0M · 0.07%
Es, LLC FL$1.9M · 1.28%

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Source: U.S. Department of Labor, Form 5500 series, EIN 462057374 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.