Plan Ledger DOL Form 5500 · updated monthly

Etheredge Electric Company, LLC401(k)

ETHEREDGE ELECTRIC COMPANY, LLC PROFIT SHARING PLAN · SHREVEPORT, LA · plan year 2024

Reported admin expense ratio · 2024
0.56%

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

Etheredge Electric Company, LLC reported $69,031 in plan administrative expenses for 2024: 0.56% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,033 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 0.52% to 0.56%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other wholesale trade employers. By assets it is the 345th-largest of 884 plans among Louisiana employers on file, and 2,491st of 4,246 in wholesale trade. In 2024, employees put in $2.71 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$13,810,975
Participants with balances118
Active participants114
Employer contributions$231,791
Employee contributions$627,713
Employer contribution per active participant$2,033
Average account balance$117,042
Benefits paid to participants$561,928
Plan auditUnmodified (clean) audit opinion
AuditorROZIER, MCKAY, & WILLIS
Plan history3
Yearassets · accounts · employer contribution
2024$13.8M · 118 accts · $232K emplr
2023$10.9M · 126 accts · $222K emplr
2022$9.9M · 116 accts · $174K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$6,858
Investment management$62,173
Total administrative$69,031
The Etheredge Electric Company, LLC 401(k) match · 2024
Employer contribution per active participant$2,033
Median for plans this size$2,416
2024$2,033 per active participant
2023$1,915 per active participant
2022$1,610 per active participant

Etheredge Electric Company, LLC'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 · 20244
PROSPERITY WEALTH MANAGEMENT · Investment advisory (plan)$42,380
HEARD, MCELROY & VESTAL, LLC · Contract administrator$6,633
EMPOWER ADVISORY GROUP,LLC · Investment management$149

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$69,031 · 0.56%
2023$63,230 · 0.61%
2022$57,796 · 0.52%
Same employer
Similar plansWholesale Trade · Louisiana
Goldman Equipment L.L.C. LA$16.3M · 0.56%
Southwest Beverage Co. Inc. LA$15.7M · 0.02%
Lard Oil Co. LA$14.3M · 0.42%
Connector Specialists Inc LA$12.0M · 0.69%
Gaubert Oil Company, Inc. LA$11.0M · 0.26%
Kipo, LLC LA$10.5M · 0.67%

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Source: U.S. Department of Labor, Form 5500 series, EIN 721041621 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.