Plan Ledger DOL Form 5500 · updated monthly

Pedernales Electric Cooperative, Inc.401(k)

PEDERNALES ELECTRIC COOPERATIVE INC. EMPLOYEES 401(K) SAVINGS PLAN · JOHNSON CITY, TX · plan year 2024

Reported admin expense ratio · 2024
0.13%

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

Pedernales Electric Cooperative, Inc. reported $250,419 in plan administrative expenses for 2024: 0.13% of average plan assets, below the peer median. Employer contributions averaged $10,127 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 rose from 0.11% to 0.13%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other wholesale trade employers. By assets it is the 402nd-largest of 5,688 plans among Texas employers on file, and the 245th of 4,246 in wholesale trade. In 2024, the employer put in $1.18 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$198,621,893
Participants with balances1,214
Active participants985
Employer contributions$9,975,394
Employee contributions$8,458,736
Employer contribution per active participant$10,127
Average account balance$163,609
Benefits paid to participants$19,507,297
Plan auditUnmodified (clean) audit opinion
AuditorCROWE LLP
Plan history3
Yearassets · accounts · employer contribution
2024$198.6M · 1,214 accts · $10.0M emplr
2023$176.2M · 1,182 accts · $7.7M emplr
2022$142.4M · 1,103 accts · $6.7M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$129,418
Investment management$121,001
Total administrative$250,419
The Pedernales Electric Cooperative, Inc. 401(k) match · 2024
Employer contribution per active participant$10,127
Median for plans this size$3,635
2024$10,127 per active participant
2023$8,116 per active participant
2022$7,452 per active participant

Pedernales Electric Cooperative, Inc.'s 2024 employer contribution ran above the $3,635 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.

Service providers · 20243
MILLIMAN, INC. · Recordkeeping · Pension consulting$129,418
CAPFINANCIAL PARTNERS, LLC · Investment advisory (plan)$121,001
CHARLES SCHWAB & CO., INC. · Custodial (securities) · Trustee (directed)indirect comp

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024Milliman
2023Milliman

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$250,419 · 0.13%
2023$163,836 · 0.10%
2022$177,451 · 0.11%
Same employer
Similar plansWholesale Trade · Texas
Ppe Genpar, Inc. TX$271.7M · 0.00%
Dxp Enterprises, Inc. TX$250.0M · 0.01%
Reece Inc. TX$222.2M · 0.07%
Glazer's, Inc. TX$191.9M · 0.01%
Morsco Supply, LLC TX$181.6M · 0.06%
Vitol Inc. TX$165.4M · 0.09%

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Source: U.S. Department of Labor, Form 5500 series, EIN 740828412 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.