Plan Ledger DOL Form 5500 · updated monthly

Commonwealth Electrical Technologies, Inc.401(k)

COMMONWEALTH ELECTRICAL TECHNOLOGIES, INC. 401(K) PLAN · WORCESTER, MA · plan year 2022

Reported admin expense ratio · 2022
0.16%

Commonwealth Electrical Technologies, Inc. reported $8,743 in plan administrative expenses for 2022: 0.16% of average plan assets, lower than ~75% of peers. 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 $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in Massachusetts (2,287th of 2,726), and 3,930th of 5,337 in construction.

Plan summary
Net assets, end of year$5,271,110
Participants with balances149
Active participants115
Employer contributions—
Employee contributions$448,294
Employer contribution per active participant—
Average account balance$35,377
Benefits paid to participants$224,188
Plan auditDisclaimer of opinion
AuditorS&G LLP
Plan history2
Yearassets · accounts · employer contribution
2023$0
2022$5.3M · 149 accts
Administrative expenses, itemized · 2022
Professional / advisory$8,743
Total administrative$8,743
What these fees cost you

Annual cost at the plan's reported 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2
2023Not separately reported
2022$8,743 · 0.16%
Similar plansConstruction · Massachusetts
Homeworks Energy Inc MA$6.4M · 0.07%
R.A.D. Corporation MA$5.3M · 0.05%
K5 Corporation MA$3.4M · 1.14%
Middlesex Glass Company MA$2.7M · 0.75%

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Source: U.S. Department of Labor, Form 5500 series, EIN 261648805 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.