Plan Ledger DOL Form 5500 · updated monthly

Gray Electric Co401(k)

GRAY & SKYLER ELECTRIC COMPANIES 401K PLAN · GRASS VALLEY, CA · plan year 2021

Reported admin expense ratio · 2021
0.40%

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

Gray Electric Co reported $31,928 in plan administrative expenses for 2021: 0.40% of average plan assets, below the peer median. Employer contributions averaged $1,855 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 289 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in California (6,176th of 9,483), and 3,471st of 5,337 in construction. In 2021, employees put in $1.05 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$7,526,943
Participants with balances107
Active participants203
Employer contributions$376,628
Employee contributions$396,527
Employer contribution per active participant$1,855
Average account balance$70,345
Benefits paid to participants$443,570
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2021
Recordkeeping & contract admin$2,175
Investment management$29,753
Total administrative$31,928
The Gray Electric Co 401(k) match · 2021
Employer contribution per active participant$1,855
Median for plans this size$994

Gray Electric Co's 2021 employer contribution ran above the $994 median for plans its size, placing it in the top 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 2021 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2021$31,928 · 0.40%
Similar plansConstruction · California
Ldi Mechanical, Inc. CA$7.7M · 0.71%
Wcp Developers, LLC CA$7.7M · 0.81%
Mc Painting CA$7.7M · 0.53%
Don's Mobile Glass, Inc. CA$7.5M · 0.80%

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Source: U.S. Department of Labor, Form 5500 series, EIN 943326527 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.