Plan Ledger DOL Form 5500 · updated monthly

Adk Electric Corporation401(k)

ADK ELECTRIC CORPORATION 401(K) PLAN · ENGLEWOOD, CO · plan year 2024

Reported admin expense ratio · 2024
0.96%

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

Adk Electric Corporation reported $21,551 in plan administrative expenses for 2024: 0.96% of average plan assets, higher than ~75% of peers. Employer contributions averaged $48 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 0.91% to 0.96%. 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 Colorado (1,245th of 1,461), and 4,738th of 5,337 in construction. In 2024, employees put in $14.43 for every $1.00 the employer contributed; active participation has shrunk from 252 to 147 since 2022.

Plan summary
Net assets, end of year$2,293,697
Participants with balances92
Active participants147
Employer contributions$6,991
Employee contributions$100,848
Employer contribution per active participant$48
Average account balance$24,931
Benefits paid to participants$256,465
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$2.3M · 92 accts · $7K emplr
2023$2.2M · 113 accts · $7K emplr
2022$2.1M · 126 accts · $85K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$13,851
Investment management$7,700
Total administrative$21,551
The Adk Electric Corporation 401(k) match · 2024
Employer contribution per active participant$48
Median for plans this size$1,313
2024$48 per active participant
2023$55 per active participant
2022$339 per active participant

Adk Electric Corporation's 2024 employer contribution ran below the $1,313 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 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$13,851
PRIME CAPITAL INVESTMENT · Investment advisory (plan)$7,700

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$21,551 · 0.96%
2023$19,838 · 0.93%
2022$21,269 · 0.91%
Same employer
Similar plansConstruction · Colorado
Xssentials LLC CO$2.5M · 0.10%
Courtesy Electric Co CO$2.4M · 0.07%
National Fire & Safety CO$2.3M · 1.09%
Planet Granite, Inc. CO$2.3M · 1.35%
Encon United Company CO$2.1M · 1.38%

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Source: U.S. Department of Labor, Form 5500 series, EIN 800367107 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.