Plan Ledger DOL Form 5500 · updated monthly

4C2 Electrical Associates, LLC401(k)

4C2 ELECTRICAL ASSOCIATES, LLC 401(K) PROFIT SHARING PLAN · CARROLLTON, TX · plan year 2024

Reported admin expense ratio · 2024
1.08%

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

4C2 Electrical Associates, LLC reported $38,574 in plan administrative expenses for 2024: 1.08% of average plan assets, higher than ~75% of peers. Employer contributions averaged $3,043 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 0.96% to 1.08%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in Texas (4,310th of 5,688), and 4,236th of 5,337 in construction. In 2024, employees put in $1.41 for every $1.00 the employer contributed; active participation has grown from 94 to 109 since 2022.

Plan summary
Net assets, end of year$3,979,147
Participants with balances157
Active participants109
Employer contributions$331,678
Employee contributions$466,492
Employer contribution per active participant$3,043
Average account balance$25,345
Benefits paid to participants$407,376
Plan auditUnmodified (clean) audit opinion
AuditorARMANINO
Plan history3
Yearassets · accounts · employer contribution
2024$4.0M · 157 accts · $332K emplr
2023$3.1M · 140 accts · $275K emplr
2022$2.3M · 135 accts · $225K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$19,386
Investment management$19,188
Total administrative$38,574
The 4C2 Electrical Associates, LLC 401(k) match · 2024
Employer contribution per active participant$3,043
Median for plans this size$1,313
2024$3,043 per active participant
2023$2,781 per active participant
2022$2,390 per active participant

4C2 Electrical Associates, LLC'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
ASCENSUS LLC · Loan processing · Recordkeeping$19,386
MERRILL LYNCH RETIREMENT & BENEFIT · Investment advisory (plan)$19,188

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

Recordkeeper by year2
2024Ascensus
2023Ascensus

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

Administrative cost history3
2024$38,574 · 1.08%
2023$32,193 · 1.18%
2022$22,468 · 0.96%
Same employer
Similar plansConstruction · Texas
Rampart Multifamily TX$4.0M · 1.18%
Winco Masonry, LP TX$4.0M · 0.62%
Nbg Constructors, Inc. TX$3.9M · 0.24%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 453703457 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.