Plan Ledger DOL Form 5500 · updated monthly

Ensafe Inc.401(k)

ENSAFE 401(K) PROFIT SHARING PLAN · MEMPHIS, TN · plan year 2024

Reported admin expense ratio · 2024
0.02%

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

Ensafe Inc. reported $10,608 in plan administrative expenses for 2024: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,795 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 rose from 0.016% to 0.018%. 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 239th-largest of 1,496 plans among Tennessee employers on file, and the 2,204th of 11,654 in professional & technical services. In 2024, employees put in $3.93 for every $1.00 the employer contributed; active participation has grown from 331 to 393 since 2022.

Plan summary
Net assets, end of year$65,011,799
Participants with balances549
Active participants393
Employer contributions$705,325
Employee contributions$2,774,717
Employer contribution per active participant$1,795
Average account balance$118,419
Benefits paid to participants$3,509,174
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$65.0M · 549 accts · $705K emplr
2023$55.7M · 506 accts · $614K emplr
2022$44.5M · 480 accts · $563K emplr
The Ensafe Inc. 401(k) match · 2024
Employer contribution per active participant$1,795
Median for plans this size$3,635
2024$1,795 per active participant
2023$1,750 per active participant
2022$1,702 per active participant

Ensafe Inc.'s 2024 employer contribution ran below the $3,635 median for plans its size, in the bottom quarter of its peers. 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
THE VANGUARD GROUP, INC. · Recordkeeping · Consulting$11,433

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

Recordkeeper by year2
2024Vanguard
2023Vanguard

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

Administrative cost history3
2024$10,608 · 0.02%
2023$8,608 · 0.02%
2022$7,890 · 0.02%
All plans at this employer2
ENSAFE 401(K) PROFIT SHARING PLAN401(k)
ENSAFE INC. EMPLOYEE STOCK OWNERSHIP PLANESOP
Same employer
Similar plansProfessional & Technical Services · Tennessee
Logical Systems, LLC TN$73.6M · 0.00%
Revance Therapeutics, Inc. TN$69.1M · 0.18%
The Eosys Group Inc TN$56.3M · 0.02%
Lewis Thomason, P.C. TN$52.9M · 0.26%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 581402235 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.