Plan Ledger DOL Form 5500 · updated monthly

Lowe Electric Supply Co. Inc.401(k)

LOWE ELECTRIC 401(K) PROFIT SHARING PLAN · MACON, GA · plan year 2022

Reported admin expense ratio · 2022
0.04%

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

Lowe Electric Supply Co. Inc. reported $4,627 in plan administrative expenses for 2022: 0.04% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,258 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 $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in Georgia (1,284th of 2,160), and 3,182nd of 5,337 in construction. In 2022, employees put in $1.91 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$9,402,777
Participants with balances96
Active participants138
Employer contributions$311,635
Employee contributions$595,981
Employer contribution per active participant$2,258
Average account balance$97,946
Benefits paid to participants$1,072,777
Plan auditUnmodified (clean) audit opinion
AuditorSYMPHONA LLP
Administrative expenses, itemized · 2022
Investment management$4,627
Total administrative$4,627
The Lowe Electric Supply Co. Inc. 401(k) match · 2022
Employer contribution per active participant$2,258
Median for plans this size$2,266

Lowe Electric Supply Co. Inc.'s 2022 employer contribution ran below the $2,266 median for plans its size. 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$4,627 · 0.04%
Similar plansConstruction · Georgia
Alta Refrigeration, Inc GA$10.6M · 0.12%
Baker Constructors, Inc. GA$8.9M · 0.15%
Mortensen Woodwork, Inc. GA$8.7M · 0.52%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 582150307 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.