Central Electric Enterprises & Company401(k)
CENTRAL ELECTRIC ENTERPRISES & COMPANY RETIREMENT SAVINGS PLAN · SAN ANTONIO, TX · plan year 2024
Central Electric Enterprises & Company's 2024 Form 5500 did not separately report plan administrative expenses, which is common where recordkeeping is paid through investment revenue-sharing or a master trust. The plan held $7,437,181 across 143 participant accounts, with employer contributions averaging $2,709 per active participant. See methodology for what Form 5500 does and doesn't capture.
Across the 1 year on file its reported administrative ratio rose from 0.59% to 0.73%. 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 (3,514th of 5,688), and 3,494th of 5,337 in construction. In 2024, the employer put in $1.74 for every $1.00 employees contributed themselves.
Central Electric Enterprises & Company'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.
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Source: U.S. Department of Labor, Form 5500 series, EIN 742023650 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.