Plan Ledger DOL Form 5500 · updated monthly

Interstate Electrical Services Corporation401(k)

INTERSTATE ELECTRICAL SERVICES CORPORATION 401(K) PLAN · N. BILLERICA, MA · plan year 2024

Reported admin expense ratio · 2024
0.45%

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

Interstate Electrical Services Corporation reported $275,887 in plan administrative expenses for 2024: 0.45% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,137 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 0.446%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other construction employers. By assets it is the 575th-largest of 2,726 plans among Massachusetts employers on file, and the 868th of 5,337 in construction. In 2024, employees put in $4.37 for every $1.00 the employer contributed; active participation has shrunk from 702 to 581 since 2022.

Plan summary
Net assets, end of year$65,286,888
Participants with balances889
Active participants581
Employer contributions$660,799
Employee contributions$2,889,566
Employer contribution per active participant$1,137
Average account balance$73,439
Benefits paid to participants$5,021,394
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$65.3M · 889 accts · $661K emplr
2023$58.4M · 924 accts · $682K emplr
2022$52.3M · 942 accts · $685K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$185,430
Investment management$90,457
Total administrative$275,887
The Interstate Electrical Services Corporation 401(k) match · 2024
Employer contribution per active participant$1,137
Median for plans this size$3,635
2024$1,137 per active participant
2023$1,102 per active participant
2022$976 per active participant

Interstate Electrical Services Corporation's 2024 employer contribution ran below the $3,635 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 · Claims processing · Recordkeeping$185,430
KESTRA ADVISORY SERVICES, LLC · Consulting$90,241
CHARLES SCHWAB & CO, INC · Securities brokerage$216

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

Recordkeeper by year2
2024Transamerica
2023Transamerica

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

Administrative cost history3
2024$275,887 · 0.45%
2023$266,582 · 0.48%
2022$246,676 · 0.45%
Same employer
Similar plansConstruction · Massachusetts
Keville Enterprises, Inc. MA$47.0M · 0.31%

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Source: U.S. Department of Labor, Form 5500 series, EIN 042393971 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.