Plan Ledger DOL Form 5500 · updated monthly

Corbins Service Electric, LLC401(k)

CORBINS ELECTRIC SAVINGS AND RETIREMENT PLAN · PHOENIX, AZ · plan year 2022

Reported admin expense ratio · 2022
0.91%

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

Corbins Service Electric, LLC reported $144,808 in plan administrative expenses for 2022: 0.91% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,434 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.

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 the 433rd-largest of 1,285 plans among Arizona employers on file, and the 2,384th of 5,337 in construction. In 2022, employees put in $3.99 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$15,714,522
Participants with balances681
Active participants565
Employer contributions$810,003
Employee contributions$3,235,545
Employer contribution per active participant$1,434
Average account balance$23,076
Benefits paid to participants$1,504,841
Plan auditUnmodified (clean) audit opinion
AuditorBEACHFLEISCHMAN PLLC
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$144,808
Total administrative$144,808
The Corbins Service Electric, LLC 401(k) match · 2022
Employer contribution per active participant$1,434
Median for plans this size$2,266

Corbins Service Electric, LLC's 2022 employer contribution ran below the $2,266 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$144,808 · 0.91%
Similar plansConstruction · Arizona
Rummel Construction, Inc. AZ$16.6M · 0.64%
Felix Construction Company AZ$15.0M · 0.60%

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Source: U.S. Department of Labor, Form 5500 series, EIN 860999654 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.