Plan Ledger DOL Form 5500 · updated monthly

Commonwealth Electric Co. of the Midwest, Inc.401(k)

COMMONWEALTH ELECTRIC CO. OF THE MIDWEST, INC. 401(K) PLAN · LINCOLN, NE · plan year 2022

Employer contribution per participant · 2022
$109

Commonwealth Electric Co. of the Midwest, Inc.'s 2022 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 $14,588,753 across 197 participant accounts, with employer contributions averaging $109 per active participant. See methodology for what Form 5500 does and doesn't capture.

The plan sits in the $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in Nebraska (311th of 565), and the 2,515th of 5,337 in construction. In 2022, employees put in $57.18 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$14,588,753
Participants with balances197
Active participants192
Employer contributions$20,854
Employee contributions$1,192,371
Employer contribution per active participant$109
Average account balance$74,055
Benefits paid to participants$2,195,025
Plan auditUnmodified (clean) audit opinion
The Commonwealth Electric Co. of the Midwest, Inc. 401(k) match · 2022
Employer contribution per active participant$109
Median for plans this size$2,266

Commonwealth Electric Co. of the Midwest, Inc.'s 2022 employer contribution ran below the $2,266 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.

Similar plansConstruction · Nebraska
Kidwell, Inc. NE$17.7M · 0.70%
Boyd Jones Construction Co. NE$17.2M · 0.28%
Werner Construction Co NE$14.2M · 0.38%
Paulsen, Inc. NE$13.1M · 0.09%
Americas Fence Store Inc. NE$12.4M · 0.48%

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Source: U.S. Department of Labor, Form 5500 series, EIN 470708027 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.