Plan Ledger DOL Form 5500 · updated monthly

Cec Electrical, Inc.401(k)

CEC 401(K) RETIREMENT PLAN · IRVING, TX · plan year 2024

Reported admin expense ratio · 2024
0.83%

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

Cec Electrical, Inc. reported $137,360 in plan administrative expenses for 2024: 0.83% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,230 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 0.50% to 0.83%. 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 2,040th-largest of 5,688 plans among Texas employers on file, and the 2,037th of 5,337 in construction. In 2024, employees put in $2.68 for every $1.00 the employer contributed; active participation has grown from 466 to 1,322 since 2022.

Plan summary
Net assets, end of year$19,696,320
Participants with balances1,434
Active participants1,322
Employer contributions$1,626,161
Employee contributions$4,352,425
Employer contribution per active participant$1,230
Average account balance$13,735
Benefits paid to participants$2,521,585
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$19.7M · 1,434 accts · $1.6M emplr
2023$13.4M · 674 accts · $787K emplr
2022$10.1M · 550 accts · $692K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$137,360
Total administrative$137,360
The Cec Electrical, Inc. 401(k) match · 2024
Employer contribution per active participant$1,230
Median for plans this size$2,416
2024$1,230 per active participant
2023$1,366 per active participant
2022$1,485 per active participant

Cec Electrical, Inc.'s 2024 employer contribution ran below the $2,416 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
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$137,360
VISIONPOINT ADVISORY GROUP LLC · Investment advisory (plan)indirect comp

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$137,360 · 0.83%
2023$89,867 · 0.76%
2022$50,839 · 0.50%
Same employer
Similar plansConstruction · Texas
Hellas Construction , Inc. TX$20.4M · 0.56%
Potter Holdings Inc TX$20.4M · 0.71%
Beyer Services, LLC TX$19.2M · 0.10%

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Source: U.S. Department of Labor, Form 5500 series, EIN 270387107 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.