Retirement plan

ENCOMPASS LLC 401(K) PROFIT SHARING PLAN

Name: ENCOMPASS LLC - ENCOMPASS LLC 401(K) PROFIT SHARING PLAN (2024) Form 5500
Creator: ENCOMPASS LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ENCOMPASS LLC 401(K) PROFIT SHARING PLAN, ENCOMPASS LLC

ENCOMPASS LLCEIN 52-2228651Plan #001PY 2024

1100 WAYNE AVENUE, SUITE 1200 - SILVER SPRING, MD 20910301-287-8700encompassworld.comLinkedIn201-500 employeesinternational trade and development

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$20.9M

+35.2% from 2023

Total participants

305

+21.0% from 2023

Average account balance

$68,384

+11.7% from 2023

Annual return

17.85%

-0.95 pp from 2023

Benchmarks

See 3,296 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants250-999

Cohort3,296 peers

Snapshot2024

Free accounts unlock saves, downloads, and 3-year history.

Analytics

Total assets (EOY)

Plan-year ending balance

$20.86M

Not enough data

1 years with asset history on file

Average account balance

Total assets / participants with a balance (line 6g)

$68K

Not enough data

1 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

305

Not enough data

1 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$3.22M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$12K

Not enough data

1 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+17.85%

Not enough data

1 years with return on file

Admin fee / account holder

Total admin expenses / participants with a balance (line 6g)

$163

Not enough data

1 years with admin cost on file

Asset composition

Cash / stocks / bonds / mutual funds / real estate / loans over time

Not enough data

1 years with F_SCH_H allocation on file

Free accounts unlock saves, downloads, and 3-year history.

Service providers

Top 3 by compensation

Provider	Service type	Compensation
COMMONWEALTH FINANCIAL NETWORK4 years Filed as: COMMONWEALTH EQUITY SERVICES LLC Service code 27 29 SAWYER RD. · WALTHAM, MA 024533483	Advisory (Plan)	$30,575
AMERICAN FUNDS4 years Filed as: CAPITAL GROUP RETIREMENT SERVICES Service code 64 6455 IRVINE CENTER DRIVE · IRVINE, CA 92618	Recordkeeping Fees	$16,073
SIEGEL ACTUARIAL CONSULTING, INC.4 years Service code 13 110 ARROWHEAD DRIVE SUITE 150 · SLIPPERY ROCK, PA 16057	Contract Administrator	$3,050

Plan features & details

Pension benefit codes2E2F2J2T3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
2F
ERISA section 404(c) plan
This plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
2J
Code section 401(k) feature
Cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan under which employees may elect to defer part of their compensation or receive these amounts in cash.
2T
Default investment account
Total or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.
3D
Pre-approved pension plan
A master prototype or volume submitter plan that is the subject of a favorable opinion or advisory letter from the IRS.

Opportunity flags

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$50K

$188 / participant

Recordkeeping$16K32.3%
Investment mgmt$31K61.5%
Contract admin$3K6.1%

% of EOY assets

0.238%

all-in expense ratio

Categories reported

3 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: APRIO, LLP
Auditor EIN: 571157523
Audit fees: $0
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$68,384

$106,264-35.6%

$147,117-53.5%

$77,762-12.1%

Participation rate

100.0%

78.4%+21.6pp

82.2%+17.8pp

70.6%+29.4pp

Annual return

17.85%

56.94%-39.1pp

420.54%-402.7pp

31.27%-13.4pp

Employer contribution / active EE

$4,506

$4,074+10.6%

$4,932-8.7%

$2,728+65.2%

Participant deferral / active EE

$7,682

$8,003-4.0%

$8,065-4.7%

$4,651+65.2%

Admin fee / account holder

$163

$334-51.3%

$12,993-98.7%

$433-62.4%

Provider

Service type

Compensation

COMMONWEALTH FINANCIAL NETWORK4 years

Filed as: COMMONWEALTH EQUITY SERVICES LLC

Service code 27

29 SAWYER RD. · WALTHAM, MA 024533483

Advisory (Plan)

$30,575

AMERICAN FUNDS4 years

Filed as: CAPITAL GROUP RETIREMENT SERVICES

Service code 64

6455 IRVINE CENTER DRIVE · IRVINE, CA 92618

Recordkeeping Fees

$16,073

SIEGEL ACTUARIAL CONSULTING, INC.4 years

Service code 13

110 ARROWHEAD DRIVE SUITE 150 · SLIPPERY ROCK, PA 16057

Contract Administrator

$3,050

ENCOMPASS LLC 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ENCOMPASS LLC 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion