Electrical Contractors, Inc.401(k)

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

Electrical Contractors, Inc. reported $61,177 in plan administrative expenses for 2024: 0.47% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,568 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 0.47%. 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 among the smaller plans on file in Connecticut (677th of 1,106), and 2,673rd of 5,337 in construction. In 2024, the employer put in $1.27 for every $1.00 employees contributed themselves; active participation has grown from 82 to 92 since 2022.