Plan Ledger DOL Form 5500 · updated monthly

Erica Lane Enterprises, Inc.401(k)

ERICA LANE ENTERPRISES, INC. UNION EMPLOYEES 401(K) PLAN · HUNTSVILLE, AL · plan year 2024

Reported admin expense ratio · 2024
0.39%

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

Erica Lane Enterprises, Inc. reported $13,200 in plan administrative expenses for 2024: 0.39% of average plan assets, below the peer median. Employer contributions averaged $4,457 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other administrative & support services employers. By assets it is among the smaller plans on file in Alabama (678th of 902), and 1,582nd of 2,534 in administrative & support services. In 2024, the employer put in $4.04 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$4,006,643
Participants with balances248
Active participants229
Employer contributions$1,020,565
Employee contributions$252,559
Employer contribution per active participant$4,457
Average account balance$16,156
Benefits paid to participants$343,181
Plan auditUnmodified (clean) audit opinion
AuditorANGLIN REICHMANN ARMSTRONG, P.C.
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$2,588
Investment management$10,612
Total administrative$13,200
The Erica Lane Enterprises, Inc. 401(k) match · 2024
Employer contribution per active participant$4,457
Median for plans this size$1,313

Erica Lane Enterprises, Inc.'s 2024 employer contribution ran above the $1,313 median for plans its size, placing it in the top 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 · 20242
KEEL POINT CAPITAL LLC · Investment advisory (plan)$10,612
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$2,588

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

Administrative cost history1
2024$13,200 · 0.39%
Similar plansAdministrative & Support Services · Alabama
Landscape Workshop, LLC AL$6.3M · 0.59%
Brown Precision, Inc. AL$4.7M · 1.00%
Redtown, LLC AL$3.4M · 0.85%
Pbs Peo Services, LLC AL$2.4M · 1.87%
Dothan Security, Inc. AL$2.2M · 2.14%

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Source: U.S. Department of Labor, Form 5500 series, EIN 582350718 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.