Plan Ledger DOL Form 5500 · updated monthly

Electronic Contracting Company401(k)

ELECTRONIC CONTRACTING COMPANY PROFIT SHARING PLAN AND TRUST · LINCOLN, NE · plan year 2024

Reported admin expense ratio · 2024
0.02%

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

Electronic Contracting Company reported $3,375 in plan administrative expenses for 2024: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,546 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 0.016% to 0.023%. 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 Nebraska (306th of 565), and the 2,483rd of 5,337 in construction. In 2024, employees put in $1.53 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$14,861,755
Participants with balances206
Active participants138
Employer contributions$351,336
Employee contributions$538,367
Employer contribution per active participant$2,546
Average account balance$72,144
Benefits paid to participants$1,976,344
Plan auditUnmodified (clean) audit opinion
AuditorBLAND & ASSOCIATES, P.C.
Plan history3
Yearassets · accounts · employer contribution
2024$14.9M · 206 accts · $351K emplr
2023$13.9M · 200 accts · $591K emplr
2022$11.4M · 194 accts · $291K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$3,375
Total administrative$3,375
The Electronic Contracting Company 401(k) match · 2024
Employer contribution per active participant$2,546
Median for plans this size$2,416
2024$2,546 per active participant
2023$4,617 per active participant
2022$2,169 per active participant

Electronic Contracting Company'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
UNION BANK & TRUST COMPANY · Claims processing · Recordkeeping$3,375
MATRIX CLEARANCE AND SETTLEMENT · Securities brokerageindirect comp

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

Recordkeeper by year2
2024UNION BANK & TRUST COMPANY
2023UNION BANK & TRUST COMPANY

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

Administrative cost history3
2024$3,375 · 0.02%
2023$2,065 · 0.02%
2022$2,013 · 0.02%
Same employer
Similar plansConstruction · Nebraska
Road Safety Services Inc. NE$18.9M · 0.08%
Kidwell, Inc. NE$17.7M · 0.70%
Boyd Jones Construction Co. NE$17.2M · 0.28%
Werner Construction Co NE$14.2M · 0.38%
Paulsen, Inc. NE$13.1M · 0.09%
Americas Fence Store Inc. NE$12.4M · 0.48%

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Source: U.S. Department of Labor, Form 5500 series, EIN 470534405 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.