Plan Ledger DOL Form 5500 · updated monthly

Electrical Specialists, Inc. dba the Superior Group401(k)

THE SUPERIOR GROUP 401(K) AND PROFIT SHARING PLAN · COLUMBUS, OH · plan year 2024

Reported admin expense ratio · 2024
0.42%

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

Electrical Specialists, Inc. dba the Superior Group reported $56,450 in plan administrative expenses for 2024: 0.42% of average plan assets, above the peer median. Employer contributions averaged $3,705 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 0.40% to 0.42%. 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 Ohio (1,670th of 3,295), and the 2,588th of 5,337 in construction. In 2024, employees put in $2.72 for every $1.00 the employer contributed; active participation has shrunk from 195 to 168 since 2022.

Plan summary
Net assets, end of year$13,986,715
Participants with balances222
Active participants168
Employer contributions$622,416
Employee contributions$1,692,405
Employer contribution per active participant$3,705
Average account balance$63,003
Benefits paid to participants$2,837,704
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$14.0M · 222 accts · $622K emplr
2023$12.7M · 207 accts · $585K emplr
2022$9.9M · 229 accts · $618K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$56,450
Total administrative$56,450
The Electrical Specialists, Inc. dba the Superior Group 401(k) match · 2024
Employer contribution per active participant$3,705
Median for plans this size$2,416
2024$3,705 per active participant
2023$3,500 per active participant
2022$3,170 per active participant

Electrical Specialists, Inc. dba the Superior Group's 2024 employer contribution ran above the $2,416 median for plans its size. 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$56,450

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$56,450 · 0.42%
2023$47,665 · 0.42%
2022$38,932 · 0.40%
Same employer
Similar plansConstruction · Ohio
Trans Ash, Inc. OH$14.9M · 0.02%
O'Rourke Wrecking Company OH$14.7M · 0.01%
Geis Construction, Inc. OH$14.6M · 0.02%
Marker, Inc. OH$13.9M · 0.61%
Seam Group LLC OH$13.5M · 0.40%
Able Roofing, LLC OH$13.1M · 0.53%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 200354904 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.