Plan Ledger DOL Form 5500 · updated monthly

Electrical General Corporation, Inc.401(k)

ELECTRICAL GENERAL CORPORATION 401K PROFIT SHARING PLAN AND TRUST · ANNAPOLIS JUNCTION, MD · plan year 2024

Reported admin expense ratio · 2024
0.71%

Electrical General Corporation, Inc. reported $23,328 in plan administrative expenses for 2024: 0.71% of average plan assets, above the peer median. 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 has held roughly steady near 0.71%. 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 (1,393rd of 1,671), and 4,370th of 5,337 in construction.

Plan summary
Net assets, end of year$3,534,913
Participants with balances223
Active participants24
Employer contributions—
Employee contributions$111,736
Employer contribution per active participant—
Average account balance$15,852
Plan auditDisclaimer of opinion
AuditorJONES, MARESCA & MCELWANEY PA
Plan history2
Yearassets · accounts · employer contribution
2024$3.5M · 223 accts
2023$3.0M · 223 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$23,328
Total administrative$23,328
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
TRANSAMERICA LIFE INSURANCE COMPANY · Recordkeeping · Loan processing$23,328

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

Recordkeeper by year2
2024Transamerica
2023Transamerica

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history2
2024$23,328 · 0.71%
2023$20,670 · 0.74%
Similar plansConstruction · Maryland
Bryant Group Inc MD$3.6M · 0.93%
Thrifty Iron Works, Inc. MD$3.6M · 0.95%
Summit Construction, Inc. MD$3.6M · 0.89%
Brothers Services Company MD$3.3M · 1.53%
Reliant Drywall MD$3.3M · 0.23%
Solar Energy World, LLC MD$3.2M · 0.90%

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Source: U.S. Department of Labor, Form 5500 series, EIN 520739834 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.