Plan Ledger DOL Form 5500 · updated monthly

Electric Research and Manufacturing Cooperative, Inc.401(k)

ERMCO 401(K) PLAN · DYERSBURG, TN · plan year 2024

Reported admin expense ratio · 2024
0.26%

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

Electric Research and Manufacturing Cooperative, Inc. reported $189,908 in plan administrative expenses for 2024: 0.26% of average plan assets, higher than ~75% of peers. Employer contributions averaged $880 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 $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other utilities employers. By assets it is the 222nd-largest of 1,496 plans among Tennessee employers on file, and the 153rd of 412 in utilities. In 2024, employees put in $2.65 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$71,710,352
Participants with balances2,412
Active participants2,789
Employer contributions$2,453,174
Employee contributions$6,489,242
Employer contribution per active participant$880
Average account balance$29,731
Benefits paid to participants$9,267,966
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$189,908
Total administrative$189,908
The Electric Research and Manufacturing Cooperative, Inc. 401(k) match · 2024
Employer contribution per active participant$880
Median for plans this size$3,635

Electric Research and Manufacturing Cooperative, Inc.'s 2024 employer contribution ran below the $3,635 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 · 20241
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$189,908

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history1
2024$189,908 · 0.26%
All plans at this employer2
ERMCO 401(K) PLAN401(k)
ERMCO UNION 401(K) PLAN401(k)
Same employer
Similar plansUtilities · Tennessee
Clean Energy CA$75.9M · 0.13%
Luma Energy, LLC PR$75.7M · 0.09%
Dakota Electric Association MN$75.4M · 0.08%
Doyon Utilities, LLC AK$73.1M · 0.01%
Hoosier Energy Rec, Inc. IN$70.0M · 0.00%

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Source: U.S. Department of Labor, Form 5500 series, EIN 610701489 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.