Plan Ledger DOL Form 5500 · updated monthly

Mid-Coast Electric Supply, Inc.401(k)

MID-COAST ELECTRIC SUPPLY, INC. 401(K) PLAN · SAN ANTONIO, TX · plan year 2022

Reported admin expense ratio · 2022
0.34%

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

Mid-Coast Electric Supply, Inc. reported $27,039 in plan administrative expenses for 2022: 0.34% of average plan assets, below the peer median. Employer contributions averaged $37 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 $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other wholesale trade employers. By assets it is among the smaller plans on file in Texas (3,871st of 5,688), and 3,540th of 4,246 in wholesale trade. In 2022, employees put in $118.41 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$5,758,997
Participants with balances128
Active participants83
Employer contributions$3,044
Employee contributions$360,429
Employer contribution per active participant$37
Average account balance$44,992
Benefits paid to participants$1,218,442
Plan auditUnmodified (clean) audit opinion
AuditorBODINE PERRY, PLLC
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$27,039
Total administrative$27,039
The Mid-Coast Electric Supply, Inc. 401(k) match · 2022
Employer contribution per active participant$37
Median for plans this size$1,114

Mid-Coast Electric Supply, Inc.'s 2022 employer contribution ran below the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$27,039 · 0.34%
Similar plansWholesale Trade · Texas
Lockwood Partners, LLC TX$6.0M · 0.22%
Cohn & Gregory Supply LLC TX$5.9M · 0.47%
McLane Express, Inc. TX$5.6M · 0.99%
Staton Holdings, Inc. TX$5.2M · 0.59%
Primary Arms, LLC TX$5.2M · 0.68%

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Source: U.S. Department of Labor, Form 5500 series, EIN 741617398 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.