Plan Ledger DOL Form 5500 · updated monthly

Electronic Controls Company401(k)

ECCO SAFETY GROUP 401(K) PLAN · BOISE, ID · plan year 2024

Reported admin expense ratio · 2024
0.24%

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

Electronic Controls Company reported $76,153 in plan administrative expenses for 2024: 0.24% of average plan assets, below the peer median. Employer contributions averaged $2,342 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 0.20% to 0.24%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 65th-largest of 349 plans among Idaho employers on file, and the 4,136th of 13,661 in manufacturing. In 2024, employees put in $2.07 for every $1.00 the employer contributed; active participation has shrunk from 267 to 223 since 2022.

Plan summary
Net assets, end of year$33,762,796
Participants with balances280
Active participants223
Employer contributions$522,177
Employee contributions$1,083,112
Employer contribution per active participant$2,342
Average account balance$120,581
Benefits paid to participants$3,247,699
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$33.8M · 280 accts · $522K emplr
2023$31.0M · 298 accts · $484K emplr
2022$29.4M · 303 accts · $451K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$76,153
Total administrative$76,153
The Electronic Controls Company 401(k) match · 2024
Employer contribution per active participant$2,342
Median for plans this size$2,416
2024$2,342 per active participant
2023$2,104 per active participant
2022$1,689 per active participant

Electronic Controls Company's 2024 employer contribution ran below 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
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$76,152
MMA SECURITIES LLC · Investment advisory (plan)indirect comp

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$76,153 · 0.24%
2023$72,545 · 0.24%
2022$67,217 · 0.20%
Similar plansManufacturing · Idaho
Amalgamated Sugar Company ID$80.4M · 0.11%
Petiq, LLC ID$38.3M · 0.20%
La Semiconductor ID$36.7M · 0.52%
Redbuilt LLC ID$28.5M · 0.15%
Western Trailer Co. ID$26.9M · 0.40%

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Source: U.S. Department of Labor, Form 5500 series, EIN 820353282 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.