Plan Ledger DOL Form 5500 · updated monthly

Barts Electric Company, Inc.401(k)

BARTS ELECTRIC COMPANY, INC. EMPLOYEES 401K PLAN · PLEASANT VALLEY, MO · plan year 2024

Reported admin expense ratio · 2024
0.54%

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

Barts Electric Company, Inc. reported $106,110 in plan administrative expenses for 2024: 0.54% of average plan assets, higher than ~75% of peers. Employer contributions averaged $3,359 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 3 years on file its reported administrative ratio has held roughly steady near 0.54%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other construction employers. By assets it is the 567th-largest of 1,393 plans among Missouri employers on file, and the 1,904th of 5,337 in construction. In 2024, employees put in $1.26 for every $1.00 the employer contributed; active participation has grown from 244 to 380 since 2022.

Plan summary
Net assets, end of year$21,798,886
Participants with balances417
Active participants380
Employer contributions$1,276,349
Employee contributions$1,602,545
Employer contribution per active participant$3,359
Average account balance$52,276
Benefits paid to participants$1,003,655
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$21.8M · 417 accts · $1.3M emplr
2023$17.4M · 302 accts · $1.2M emplr
2022$13.5M · 275 accts · $1.3M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$106,110
Total administrative$106,110
The Barts Electric Company, Inc. 401(k) match · 2024
Employer contribution per active participant$3,359
Median for plans this size$2,416
2024$3,359 per active participant
2023$4,312 per active participant
2022$5,424 per active participant

Barts Electric Company, Inc.'s 2024 employer contribution ran above the $2,416 median for plans its size. 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 · 20244
CBIZ INVESTMENT ADVISORY SVCS, LLC · Investment advisory (plan)$47,226
MHM RETIREMENT PLAN SOLUTIONS · Contract administrator$13,636
EMPOWER ADVISORY GROUP LLC · Investment management$10,390

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

Administrative cost history3
2024$106,110 · 0.54%
2023$79,803 · 0.52%
2022$76,742 · 0.53%
Same employer
Similar plansConstruction · Missouri
Reinhold Electric, Inc. MO$22.4M · 0.55%
Hutchens Construction Co. MO$20.3M · 0.39%

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Source: U.S. Department of Labor, Form 5500 series, EIN 431671389 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.