Plan Ledger DOL Form 5500 · updated monthly

Enterprise Electric, LLC401(k)

ENTERPRISE ELECTRIC, LLC EMPLOYEE 401(K) PLAN · NASHVILLE, TN · plan year 2023

Reported admin expense ratio · 2023
0.28%

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

Enterprise Electric, LLC reported $30,878 in plan administrative expenses for 2023: 0.28% of average plan assets, above the peer median. Employer contributions averaged $550 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 0.19% to 0.13%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in Tennessee (770th of 1,496), and 2,796th of 5,337 in construction. In 2023, employees put in $5.79 for every $1.00 the employer contributed; active participation has shrunk from 421 to 328 since 2022.

Plan summary
Net assets, end of year$12,066,752
Participants with balances175
Active participants328
Employer contributions$180,285
Employee contributions$1,043,627
Employer contribution per active participant$550
Average account balance$68,953
Benefits paid to participants$627,176
Plan auditUnmodified (clean) audit opinion
AuditorDEMPSEY, VANTREASE & FOLLIS, PLLC
Plan history3
Yearassets · accounts · employer contribution
2024$11.9M · 163 accts · $185K emplr
2023$12.1M · 175 accts · $180K emplr
2022$10.1M · 188 accts · $175K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$30,878
Total administrative$30,878
The Enterprise Electric, LLC 401(k) match · 2023
Employer contribution per active participant$550
Median for plans this size$2,440
2024$502 per active participant
2023$550 per active participant
2022$415 per active participant

Enterprise Electric, LLC's 2023 employer contribution ran below the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
TRANSAMERICA RETIREMENT SOLUTIONS · Recordkeeping · Loan processing$21,657
ACCESS RETIREMENT SERVICES, LLC · Recordkeeping · Loan processing$6,793

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

Recordkeeper by year2
2024ACCESS RETIREMENT SERVICES, LLC, Transamerica
2023ACCESS RETIREMENT SERVICES, LLC, Transamerica

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

Administrative cost history3
2024$15,127 · 0.13%
2023$30,878 · 0.28%
2022$20,290 · 0.19%
Same employer
Similar plansConstruction · Tennessee
Ford Construction Company TN$14.2M · 0.43%
31-W Insulation Co., Inc. TN$13.7M · 0.08%
Gem Technologies, Inc. TN$11.7M · 0.56%
Johnson & Galyon, Inc. TN$10.1M · 0.54%

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Source: U.S. Department of Labor, Form 5500 series, EIN 371450903 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.