Plan Ledger DOL Form 5500 · updated monthly

Douglas Electric & Lighting, Inc.401(k)

DEL ELECTRIC 401(K) PLAN · HUNT VALLEY, MD · plan year 2024

Reported admin expense ratio · 2024
0.29%

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

Douglas Electric & Lighting, Inc. reported $23,309 in plan administrative expenses for 2024: 0.29% of average plan assets, below the peer median. Employer contributions averaged $1,679 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 0.285%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in Maryland (1,062nd of 1,671), and 3,312th of 5,337 in construction. In 2024, employees put in $3.51 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$8,541,024
Participants with balances119
Active participants90
Employer contributions$151,143
Employee contributions$530,869
Employer contribution per active participant$1,679
Average account balance$71,773
Benefits paid to participants$962,386
Plan auditUnmodified (clean) audit opinion
AuditorUHY, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$8.5M · 119 accts · $151K emplr
2023$7.8M · 118 accts · $228K emplr
2022$6.3M · 126 accts · $255K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$3,005
Investment management$20,304
Total administrative$23,309
The Douglas Electric & Lighting, Inc. 401(k) match · 2024
Employer contribution per active participant$1,679
Median for plans this size$1,313
2024$1,679 per active participant
2023$2,557 per active participant
2022$2,687 per active participant

Douglas Electric & Lighting, Inc.'s 2024 employer contribution ran above the $1,313 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 · 20241
THE PROSPERITY CONSULTING GROUP, LL · Investment advisory (participants) · Investment advisory (plan)$20,304

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$23,309 · 0.29%
2023$20,234 · 0.29%
2022$19,592 · 0.29%
Same employer
Similar plansConstruction · Maryland
Scaffold Resource, LLC MD$9.5M · 0.63%
R & F Metals, Inc. MD$9.5M · 0.44%
Hirsch Electric, LLC. MD$8.8M · 0.55%
Nlp Enterprises Inc. MD$8.5M · 0.57%

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Source: U.S. Department of Labor, Form 5500 series, EIN 521821613 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.