Plan Ledger DOL Form 5500 · updated monthly

Consolidated Electrical Distributors401(k)

EMPLOYEE 401(K) SAVINGS PLAN · IRVING, TX · plan year 2024

Reported admin expense ratio · 2024
0.09%

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

Consolidated Electrical Distributors reported $944,182 in plan administrative expenses for 2024: 0.09% of average plan assets, higher than ~75% of peers. Employer contributions averaged $4,411 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 fell from 0.13% to 0.09%. The plan sits in the over $1B size bracket, benchmarked here against 1,229 comparable plans and shown alongside other wholesale trade employers. By assets it is the 100th-largest of 5,688 plans among Texas employers on file, and the 47th of 4,246 in wholesale trade. In 2024, employees put in $1.66 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,176,280,847
Participants with balances15,099
Active participants11,443
Employer contributions$50,480,428
Employee contributions$83,577,242
Employer contribution per active participant$4,411
Average account balance$77,905
Benefits paid to participants$98,616,744
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$1.2B · 15,099 accts · $50.5M emplr
2023$961.1M · 14,677 accts · $51.4M emplr
2022$715.9M · 13,905 accts · $44.9M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$606,862
Investment management$337,320
Total administrative$944,182
The Consolidated Electrical Distributors 401(k) match · 2024
Employer contribution per active participant$4,411
Median for plans this size$5,259
2024$4,411 per active participant
2023$4,557 per active participant
2022$4,161 per active participant

Consolidated Electrical Distributors's 2024 employer contribution ran below the $5,259 median for plans its size. 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 · 20243
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$242,320
VISIONPOINT ADVISORY GROUP · Investment advisory (plan)$95,000

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$944,182 · 0.09%
2023$886,412 · 0.11%
2022$975,747 · 0.13%
Same employer
Similar plansWholesale Trade · Texas
McKesson Corporation TX$5.7B · 0.02%
Sysco Corporation TX$5.2B · 0.05%
McLane Company, Inc. TX$1.5B · 0.14%
Rexel USA, Inc. TX$972.5M · 0.07%
Cemex, Inc. TX$942.3M · 0.11%
Essilor of America Inc. TX$924.8M · 0.17%

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Source: U.S. Department of Labor, Form 5500 series, EIN 770559191 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.