Nb Baker Electric, Inc. dba Baker Electric Home Energy401(k)

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

Nb Baker Electric, Inc. dba Baker Electric Home Energy reported $50,287 in plan administrative expenses for 2024: 0.82% of average plan assets, above the peer median. Employer contributions averaged $1,295 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 2 years on file its reported administrative ratio fell from 1.60% to 0.82%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in California (6,424th of 9,483), and 3,627th of 5,337 in construction. In 2024, employees put in $4.32 for every $1.00 the employer contributed; active participation has shrunk from 206 to 155 since 2022.