Plan Ledger DOL Form 5500 · updated monthly

Guadalupe Valley Electric Cooperative Inc401(k)

THE GVEC FLEXIBLE COMPENSATION PLAN · GONZALES, TX · plan year 2024

Reported admin expense ratio · 2024
0.07%

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

Guadalupe Valley Electric Cooperative Inc reported $62,870 in plan administrative expenses for 2024: 0.07% of average plan assets, below the peer median. Employer contributions averaged $9,340 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 0.069%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other utilities employers. By assets it is the 676th-largest of 5,688 plans among Texas employers on file, and the 132nd of 412 in utilities. In 2024, the employer put in $1.44 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$95,510,362
Participants with balances500
Active participants391
Employer contributions$3,652,041
Employee contributions$2,540,945
Employer contribution per active participant$9,340
Average account balance$191,021
Benefits paid to participants$8,224,183
Plan auditUnmodified (clean) audit opinion
AuditorBOLINGER SEGARS GILBERT & MOSS, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$95.5M · 500 accts · $3.7M emplr
2023$87.5M · 490 accts · $3.4M emplr
2022$74.1M · 476 accts · $3.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$40,787
Investment management$22,083
Total administrative$62,870
The Guadalupe Valley Electric Cooperative Inc 401(k) match · 2024
Employer contribution per active participant$9,340
Median for plans this size$3,635
2024$9,340 per active participant
2023$9,011 per active participant
2022$8,841 per active participant

Guadalupe Valley Electric Cooperative Inc's 2024 employer contribution ran above the $3,635 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
T ROWE PRICE RPS INC · Recordkeeping · Trustee$41,933
CAPFINANCIAL PARTNERS LLC · Investment advisory (plan)$22,083

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

Recordkeeper by year2
2024T. Rowe Price
2023T. Rowe Price

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$62,870 · 0.07%
2023$40,888 · 0.05%
2022$54,609 · 0.07%
Same employer
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Genon Services, LLC TX$199.7M · 0.01%
City Electric Supply Co TX$158.7M · 0.09%
Riveron Consulting, LLC TX$121.9M · 0.06%
Crestwood Operations LLC TX$95.2M · 0.03%
Cameron Lng LLC TX$93.4M · 0.11%
Texas Disposal Systems Inc. TX$44.6M · 0.38%

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Source: U.S. Department of Labor, Form 5500 series, EIN 743023938 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.