Plan Ledger DOL Form 5500 · updated monthly

Elektrisola Incorporated401(k)

ELEKTRISOLA INCORPORATED PROFIT SHARING PLAN · BOSCAWEN, NH · plan year 2024

Reported admin expense ratio · 2024
0.01%

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

Elektrisola Incorporated reported $4,738 in plan administrative expenses for 2024: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $4,241 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 1 year on file its reported administrative ratio rose from 0.00% to 0.01%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other manufacturing employers. By assets it is the 70th-largest of 411 plans among New Hampshire employers on file, and the 2,812th of 13,661 in manufacturing. In 2024, the employer put in $1.18 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$58,371,096
Participants with balances362
Active participants320
Employer contributions$1,357,032
Employee contributions$1,152,993
Employer contribution per active participant$4,241
Average account balance$161,246
Benefits paid to participants$3,276,645
Plan auditUnmodified (clean) audit opinion
AuditorNATHAN WECHSLER & COMPANY
Plan history3
Yearassets · accounts · employer contribution
2024$58.4M · 362 accts · $1.4M emplr
2023$52.2M · 361 accts · $2.1M emplr
2022$45.1M · 322 accts · $2.4M emplr
Administrative expenses, itemized · 2024
Investment management$16,476
Total administrative$4,738
The Elektrisola Incorporated 401(k) match · 2024
Employer contribution per active participant$4,241
Median for plans this size$3,635
2024$4,241 per active participant
2023$6,847 per active participant
2022$7,898 per active participant

Elektrisola Incorporated's 2024 employer contribution ran above the $3,635 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
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$16,476
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processingindirect 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$4,738 · 0.01%
2023$2,355 · 0.00%
2022Not separately reported
Same employer
Similar plansManufacturing · New Hampshire
Resonetics, LLC NH$60.2M · 0.12%
Creare LLC NH$57.7M · 0.13%
Ferrotec USA Corporation NH$55.7M · 0.06%
Company 401(K) Plan NH$38.1M · 0.04%

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Source: U.S. Department of Labor, Form 5500 series, EIN 020328436 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.