Plan Ledger DOL Form 5500 · updated monthly

Expanse Electrical Company, LLC401(k)

EXPANSE ELECTRICAL COMPANY, LLC PROFIT SHARING 401(K) PLAN · HOUSTON, TX · plan year 2024

Reported admin expense ratio · 2024
0.77%

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

Expanse Electrical Company, LLC reported $170,818 in plan administrative expenses for 2024: 0.77% of average plan assets, higher than ~90% of peers. Employer contributions averaged $2,534 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 fell from 0.83% to 0.77%. 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 the 1,803rd-largest of 5,688 plans among Texas employers on file, and the 1,806th of 5,337 in construction. In 2024, employees put in $2.16 for every $1.00 the employer contributed; active participation has grown from 337 to 458 since 2022.

Plan summary
Net assets, end of year$23,623,994
Participants with balances439
Active participants458
Employer contributions$1,160,683
Employee contributions$2,511,287
Employer contribution per active participant$2,534
Average account balance$53,813
Benefits paid to participants$4,303,650
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$23.6M · 439 accts · $1.2M emplr
2023$21.0M · 939 accts · $1.1M emplr
2022$17.4M · 1,679 accts · $943K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$128,197
Investment management$42,621
Total administrative$170,818
The Expanse Electrical Company, LLC 401(k) match · 2024
Employer contribution per active participant$2,534
Median for plans this size$2,416
2024$2,534 per active participant
2023$2,342 per active participant
2022$2,799 per active participant

Expanse Electrical Company, LLC's 2024 employer contribution ran above 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 · 20243
GALLAGHER BENEFIT SERVICES INC DBA · Investment advisory (plan)$42,378
EMPOWER ADVISORY GROUP, LLC · Investment management$243

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$170,818 · 0.77%
2023$178,035 · 0.93%
2022$154,827 · 0.83%
Same employer
Similar plansConstruction · Texas
Central Texas Iron Works TX$24.3M · 0.24%
Costello, Inc. TX$23.3M · 0.31%
Newmark Homes Houston, LLC TX$23.1M · 0.01%
Stewart Builders, Inc. TX$22.7M · 0.51%

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Source: U.S. Department of Labor, Form 5500 series, EIN 800553176 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.