Plan Ledger DOL Form 5500 · updated monthly

Excel Electrical Technologies, Inc.401(k)

EXCEL ELECTRICAL TECHNOLOGIES, INC. 401(K) RETIREMENT PLAN · KENNESAW, GA · plan year 2024

Reported admin expense ratio · 2024
0.89%

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

Excel Electrical Technologies, Inc. reported $92,412 in plan administrative expenses for 2024: 0.89% of average plan assets, higher than ~90% of peers. Employer contributions averaged $759 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 3 years on file its reported administrative ratio rose from 0.90% to 0.97%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in Georgia (1,192nd of 2,160), and 2,970th of 5,337 in construction. In 2024, employees put in $5.53 for every $1.00 the employer contributed; active participation has grown from 122 to 158 since 2022.

Plan summary
Net assets, end of year$10,862,061
Participants with balances189
Active participants158
Employer contributions$119,881
Employee contributions$662,845
Employer contribution per active participant$759
Average account balance$57,471
Benefits paid to participants$931,575
Plan auditUnmodified (clean) audit opinion
AuditorSEAY & WEISSINGER, LLC
Plan history4
Yearassets · accounts · employer contribution
2025$10.4M · 216 accts · $137K emplr
2024$10.9M · 189 accts · $120K emplr
2023$9.8M · 156 accts · $94K emplr
2022$9.1M · 178 accts · $101K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$92,412
Total administrative$92,412
The Excel Electrical Technologies, Inc. 401(k) match · 2024
Employer contribution per active participant$759
Median for plans this size$2,416
2025$815 per active participant
2024$759 per active participant
2023$776 per active participant
2022$831 per active participant

Excel Electrical Technologies, Inc.'s 2024 employer contribution ran below the $2,416 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 · 20243
TRANSAMERICA RETIREMENT SOLUTIONS L · Recordkeeping · Loan processing$33,206
FUTUREPLAN BY ASCENSUS · Recordkeeping · Loan processing$7,321
RPA FINANCIAL LLC · Investment advisory (plan)$25,793

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year3
2025Ascensus, Transamerica
2024Ascensus, Transamerica
2023Ascensus, Transamerica

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Administrative cost history4
2025$103,554 · 0.97%
2024$92,412 · 0.89%
2023$92,858 · 0.98%
2022$95,040 · 0.90%
Same employer
Similar plansConstruction · Georgia
Ra-Lin & Associates, Inc. GA$12.2M · 0.01%
Alta Refrigeration, Inc GA$10.6M · 0.12%

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Source: U.S. Department of Labor, Form 5500 series, EIN 562300006 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.