Plan Ledger DOL Form 5500 · updated monthly

Elite Electrical Contractors, Inc.401(k)

ELITE ELECTRICAL CONTRACTORS, LLC 401(K) · FORT MYERS, FL · plan year 2022

Reported admin expense ratio · 2022
0.07%

Elite Electrical Contractors, Inc. reported $580 in plan administrative expenses for 2022: 0.07% of average plan assets, lower than ~75% of peers. 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.

The plan sits in the under $1M size bracket, benchmarked here against 4,041 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in Florida (3,429th of 3,644), and 5,156th of 5,337 in construction.

Plan summary
Net assets, end of year$765,450
Participants with balances35
Active participants209
Employer contributions—
Employee contributions$125,781
Employer contribution per active participant—
Average account balance$21,870
Benefits paid to participants$133,091
Plan auditUnmodified (clean) audit opinion
AuditorHUGHES, SNELL & CO. PA
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$580
Total administrative$580
What these fees cost you

Annual cost at the plan's reported 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$580 · 0.07%
All plans at this employer2
ELITE ELECTRICAL CONTRACTORS, LLC 401(K)401(k)
ELITE ELECTRICAL CONTRACTORS EMPLOYEE STOCK OWNERSHIP PLAN AND TRUSTESOP
Same employer
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Source: U.S. Department of Labor, Form 5500 series, EIN 651131867 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.