Plan Ledger DOL Form 5500 · updated monthly

Lakey Electric Company401(k)

LAKEY ELECTRIC COMPANY 401K PLAN · HOUSTON, TX · plan year 2022

Reported admin expense ratio · 2022
0.02%

Lakey Electric Company reported $825 in plan administrative expenses for 2022: 0.02% of average plan assets, lower than ~75% of peers. 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 30,021 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in Texas (4,651st of 5,688), and 4,593rd of 5,337 in construction.

Plan summary
Net assets, end of year$2,772,202
Participants with balances73
Active participants82
Employer contributions—
Employee contributions$204,109
Employer contribution per active participant—
Average account balance$37,975
Benefits paid to participants$595,529
Plan auditDisclaimer of opinion
Administrative expenses, itemized · 2022
Professional / advisory$825
Total administrative$825
What these fees cost you

Annual cost at the plan's reported 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$825 · 0.02%
Similar plansConstruction · Texas
Homepro Operating, LLC TX$2.8M · 0.63%
J3 Company, LLC TX$2.8M · 0.02%
Fireproof Contractors Inc TX$2.8M · 0.08%
Jat Home Services, Inc. TX$2.7M · 0.36%
Travis Companies, Inc. TX$2.7M · 0.05%

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Source: U.S. Department of Labor, Form 5500 series, EIN 741839326 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.