Garber Electrical Contractors401(k)

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

Garber Electrical Contractors reported $50,311 in plan administrative expenses for 2024: 0.86% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,146 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 has held roughly steady near 0.86%. 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 Ohio (2,341st of 3,295), and 3,640th of 5,337 in construction. In 2024, employees put in $2.87 for every $1.00 the employer contributed; active participation has grown from 210 to 236 since 2022.