Plan Ledger DOL Form 5500 · updated monthly

Electricom LLC401(k)

ELECTRICOM 401(K) SAVINGS PLAN · PAOLI, IN · plan year 2024

Reported admin expense ratio · 2024
0.29%

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

Electricom LLC reported $72,046 in plan administrative expenses for 2024: 0.29% of average plan assets, below the peer median. Employer contributions averaged $3,211 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 fell from 0.33% to 0.29%. 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 465th-largest of 1,562 plans among Indiana employers on file, and the 1,665th of 5,337 in construction. In 2024, employees put in $2.21 for every $1.00 the employer contributed; active participation has shrunk from 529 to 428 since 2022.

Plan summary
Net assets, end of year$26,479,093
Participants with balances529
Active participants428
Employer contributions$1,374,108
Employee contributions$3,036,784
Employer contribution per active participant$3,211
Average account balance$50,055
Benefits paid to participants$5,189,138
Plan auditUnmodified (clean) audit opinion
AuditorBKD
Plan history3
Yearassets · accounts · employer contribution
2024$26.5M · 529 accts · $1.4M emplr
2023$23.7M · 628 accts · $1.5M emplr
2022$20.8M · 669 accts · $1.6M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$46,885
Investment management$19,565
Total administrative$72,046
The Electricom LLC 401(k) match · 2024
Employer contribution per active participant$3,211
Median for plans this size$2,416
2024$3,211 per active participant
2023$2,907 per active participant
2022$3,032 per active participant

Electricom LLC'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 · 20242
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$46,885
LPL FINANCIAL LLC · Investment advisory (plan)$19,565

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$72,046 · 0.29%
2023$67,257 · 0.30%
2022$71,262 · 0.33%
Same employer
Similar plansConstruction · Indiana
Koetter Construction Inc IN$33.5M · 0.01%
Votaw Electric, Inc. IN$29.3M · 0.00%
Koetter Woodworking, Inc. IN$28.4M · 0.27%
Ryan Fireprotection, Inc. IN$24.4M · 0.37%
Custom Concrete Co., Inc IN$22.7M · 0.26%

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Source: U.S. Department of Labor, Form 5500 series, EIN 134335513 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.