Plan Ledger DOL Form 5500 · updated monthly

Electra Link, Inc.401(k)

ELECTRA LINK, INC. 401(K) PLAN · SPRING, TX · plan year 2024

Reported admin expense ratio · 2024
0.80%

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

Electra Link, Inc. reported $91,408 in plan administrative expenses for 2024: 0.80% of average plan assets, higher than ~90% of peers. Employer contributions averaged $808 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 rose from 0.73% to 0.80%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other construction employers. By assets it is the 2,839th-largest of 5,688 plans among Texas employers on file, and 2,856th of 5,337 in construction. In 2024, employees put in $4.00 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$11,695,220
Participants with balances305
Active participants247
Employer contributions$199,526
Employee contributions$797,266
Employer contribution per active participant$808
Average account balance$38,345
Benefits paid to participants$2,051,457
Plan auditUnmodified (clean) audit opinion
AuditorBENTLEY BRATCHER & ASSOC. P.C.
Plan history3
Yearassets · accounts · employer contribution
2024$11.7M · 305 accts · $200K emplr
2023$11.2M · 295 accts · $171K emplr
2022$9.5M · 283 accts · $194K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$63,985
Investment management$14,147
Audit (IQPA)$13,276
Total administrative$91,408
The Electra Link, Inc. 401(k) match · 2024
Employer contribution per active participant$808
Median for plans this size$2,416
2024$808 per active participant
2023$702 per active participant
2022$830 per active participant

Electra Link, Inc.'s 2024 employer contribution ran below the $2,416 median for plans its size, in the bottom 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 · 20245
BENTLEY, BRATCHER & ASSOCIATES, P.C · Accounting / audit$13,276
EMPOWER ADVISORY GROUP, LLC · Investment management$8,254
LEAFHOUSE FINANCIAL ADVISORS, LLC · Investment advisory (plan)$5,893
OSAIC FS INCindirect comp

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$91,408 · 0.80%
2023$76,736 · 0.74%
2022$76,268 · 0.73%
Same employer
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Scott Felder Homes LLC TX$11.7M · 0.21%
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Oht Partners, LLC TX$11.7M · 0.65%
Gibson & Associates, Inc. TX$11.6M · 0.20%
Impact Floors of Texas, LLC TX$11.5M · 0.74%
Whoa & Co., Inc TX$11.1M · 0.45%

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Source: U.S. Department of Labor, Form 5500 series, EIN 760151304 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.