Plan Ledger DOL Form 5500 · updated monthly

Delaware Electric Cooperative, Inc.401(k)

DELAWARE ELECTRIC COOPERATIVE, INC. 401(K) SAVINGS PLAN · GREENWOOD, DE · plan year 2024

Reported admin expense ratio · 2024
0.06%

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

Delaware Electric Cooperative, Inc. reported $24,878 in plan administrative expenses for 2024: 0.06% of average plan assets, lower than ~75% of peers. Employer contributions averaged $10,651 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 3 years on file its reported administrative ratio has held roughly steady near 0.063%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other utilities employers. By assets it is the 67th-largest of 242 plans among Delaware employers on file, and the 202nd of 412 in utilities. In 2024, the employer put in $1.10 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$40,105,646
Participants with balances115
Active participants104
Employer contributions$1,107,675
Employee contributions$1,009,136
Employer contribution per active participant$10,651
Average account balance$348,745
Benefits paid to participants$6,288,715
Plan auditUnmodified (clean) audit opinion
AuditorADAMS, JENKINS & CHEATHAM
Plan history3
Yearassets · accounts · employer contribution
2024$40.1M · 115 accts · $1.1M emplr
2023$39.3M · 111 accts · $1.1M emplr
2022$33.6M · 105 accts · $1.3M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$24,878
Total administrative$24,878
The Delaware Electric Cooperative, Inc. 401(k) match · 2024
Employer contribution per active participant$10,651
Median for plans this size$2,416
2024$10,651 per active participant
2023$10,813 per active participant
2022$11,980 per active participant

Delaware Electric Cooperative, Inc.'s 2024 employer contribution ran above the $2,416 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.

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 · 20241

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$24,878 · 0.06%
2023$22,052 · 0.06%
2022$29,502 · 0.06%
Same employer
Similar plansUtilities · Delaware
Mammoth Energy Partners LLC OK$40.6M · 0.14%
Core Electric Cooperative CO$39.7M · 0.02%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 510011975 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.