Plan Ledger DOL Form 5500 · updated monthly

McH Electric, Inc.ESOP

MCH ELECTRIC, INC. EMPLOYEE STOCK OWNERSHIP PLAN · LIVERMORE, CA · plan year 2024

Reported admin expense ratio · 2024
0.01%

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

McH Electric, Inc. reported $2,701 in plan administrative expenses for 2024: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $8,289 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 27,838 comparable plans and shown alongside other construction employers. By assets it is the 2,669th-largest of 9,483 plans among California employers on file, and the 1,524th of 5,337 in construction. active participation has grown from 157 to 191 since 2022.

Plan summary
Net assets, end of year$30,114,153
Participants with balances351
Active participants191
Employer contributions$1,583,169
Employee contributions—
Employer contribution per active participant$8,289
Average account balance$85,795
Benefits paid to participants$1,693,524
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$30.1M · 351 accts · $1.6M emplr
2023$27.5M · 313 accts · $565K emplr
2022$24.0M · 290 accts · $1.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$2,701
Total administrative$2,701
Employer contributions to the McH Electric, Inc. plan · 2024
Employer contribution per active participant$8,289
Median for plans this size$2,416
2024$8,289 per active participant
2023$3,381 per active participant
2022$7,297 per active participant

McH Electric, Inc.'s 2024 employer contribution ran above the $2,416 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.

Administrative cost history3
2024$2,701 · 0.01%
2023Not separately reported
2022Not separately reported
All plans at this employer2
MCH ELECTRIC 401(K) PLAN401(k)
MCH ELECTRIC, INC. EMPLOYEE STOCK OWNERSHIP PLANESOP
Same employer
Similar plansConstruction · California
Pacific Steel Group CA$31.1M · 0.14%
Green Valley Corporation CA$31.0M · 0.05%
Mechanical Holdings, Inc. CA$30.8M · 0.02%
Kinetic Systems, Inc. CA$29.8M · 0.29%
R.D.M. Electric Co., Inc. CA$29.5M · 0.33%

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Source: U.S. Department of Labor, Form 5500 series, EIN 943338424 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.