Plan Ledger DOL Form 5500 · updated monthly

Ellendale Electric Company, Inc.401(k)

ELLENDALE ELECTRIC COMPANY, INC. 401(K) PROFIT SHARING PLAN · BARTLETT, TN · plan year 2024

Reported admin expense ratio · 2024
0.55%

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

Ellendale Electric Company, Inc. reported $18,441 in plan administrative expenses for 2024: 0.55% of average plan assets, above the peer median. Employer contributions averaged $336 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 0.15% to 0.55%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in Tennessee (1,192nd of 1,496), and 4,365th of 5,337 in construction. In 2024, employees put in $4.36 for every $1.00 the employer contributed; active participation has shrunk from 100 to 82 since 2022.

Plan summary
Net assets, end of year$3,553,824
Participants with balances161
Active participants82
Employer contributions$27,543
Employee contributions$119,978
Employer contribution per active participant$336
Average account balance$22,073
Benefits paid to participants$83,374
Plan auditUnmodified (clean) audit opinion
AuditorROWLAND & CARTER, PLLC
Plan history3
Yearassets · accounts · employer contribution
2024$3.6M · 161 accts · $28K emplr
2023$3.2M · 164 accts · $30K emplr
2022$2.9M · 162 accts · $36K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$15,273
Investment management$943
Total administrative$18,441
The Ellendale Electric Company, Inc. 401(k) match · 2024
Employer contribution per active participant$336
Median for plans this size$1,313
2024$336 per active participant
2023$362 per active participant
2022$355 per active participant

Ellendale Electric Company, Inc.'s 2024 employer contribution ran below the $1,313 median for plans its size, in the bottom quarter of its peers. 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
GLOBAL RETIREMENT PARTNERS LLCindirect comp
VOYA RETIREMENT INSURANCE AND ANNUI · Investment advisory (participants)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$18,441 · 0.55%
2023$25,298 · 0.83%
2022$4,861 · 0.15%
Similar plansConstruction · Tennessee
Itg Communications, LLC TN$4.1M · 1.35%
Roscoe Brown, Inc. TN$3.8M · 0.66%

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Source: U.S. Department of Labor, Form 5500 series, EIN 621135205 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.