Newkirk Electric Associates, Inc.401(k)

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

Newkirk Electric Associates, Inc. reported $46,679 in plan administrative expenses for 2024: 0.14% of average plan assets, below the peer median. Employer contributions averaged $13,208 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 3 years on file its reported administrative ratio has held roughly steady near 0.139%. 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 672nd-largest of 2,619 plans among Michigan employers on file, and the 1,332nd of 5,337 in construction. In 2024, the employer put in $2.12 for every $1.00 employees contributed themselves; active participation has grown from 127 to 154 since 2022.