Plan Ledger DOL Form 5500 · updated monthly

E.I. Electronics, LLC401(k)

E.I. ELECTRONICS, LLC DBA ELECTRO INDUSTRIES/GAUGE TECH 401(K) PLAN · WESTBURY, NY · plan year 2022

Reported admin expense ratio · 2022
0.03%

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

E.I. Electronics, LLC reported $2,430 in plan administrative expenses for 2022: 0.03% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,974 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 $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in New York (3,888th of 5,648), and 9,583rd of 13,661 in manufacturing. In 2022, employees put in $2.54 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$8,202,400
Participants with balances113
Active participants92
Employer contributions$273,625
Employee contributions$695,067
Employer contribution per active participant$2,974
Average account balance$72,588
Benefits paid to participants$179,065
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$0 · $131K emplr
2022$8.2M · 113 accts · $274K emplr
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$2,430
Total administrative$2,430
The E.I. Electronics, LLC 401(k) match · 2022
Employer contribution per active participant$2,974
Median for plans this size$1,114

E.I. Electronics, LLC's 2022 employer contribution ran above the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2
2023Not separately reported
2022$2,430 · 0.03%
Similar plansManufacturing · New York
Clark Laboratories Inc. NY$8.3M · 0.01%
New U.S. Nonwovens, LLC NY$8.2M · 0.67%
Transit Wireless, LLC NY$8.2M · 0.05%
Lexington Machining, LLC NY$8.1M · 0.05%

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Source: U.S. Department of Labor, Form 5500 series, EIN 113583316 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.