Cannon & Wendt Electric Co., Inc.ESOP
CANNON & WENDT ELECTRIC CO., INC. EMPLOYEE STOCK OWNERSHIP PLAN AND TRUST · PHOENIX, AZ · plan year 2024
Peer grade: B · admin costs + employer contributions vs same-size plans · how grading works
Cannon & Wendt Electric Co., Inc. reported $6,250,269 in plan administrative expenses for 2024: 6.68% of average plan assets, higher than ~90% of peers. Employer contributions averaged $9,320 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.
The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other construction employers. By assets it is the 118th-largest of 1,285 plans among Arizona employers on file, and the 588th of 5,337 in construction.
Cannon & Wendt Electric Co., Inc.'s 2024 employer contribution ran above the $3,635 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.
Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
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Source: U.S. Department of Labor, Form 5500 series, EIN 860141198 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.