Plan Snapshot
- Plan Sponsor: Ennis Electric Company, INC.
- Sponsor EIN: 540969294
- Sponsor Address: 7851 WELLINGFORD DR, MANASSAS, VA, 201092496
- Plan Type: 401(k)
- Total Participants: 113
- Total Assets: $28.5M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 113 | $28.5M | $374,053 | $986,062 |
| 2023 | 109 | $24.6M | $338,785 | $936,829 |
| 2022 | 98 | $22.3M | $291,419 | $763,196 |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| PRINCIPAL LIFE INSURANCE COMPANY | Recordkeeper | $66,236 | — | $66,236 |
| OSAIC WEALTH INC | Investment Advisor | — | $23,976 | $23,976 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- OSAIC WEALTH INC — Investment Advisor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $90,212
- Estimated Expense Ratio: 0.316% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $66,236 | — | $66,236 | — | — |
| 2023 | $71,664 | — | $71,664 | — | — |
| 2022 | $71,647 | — | $71,647 | — | — |