Plan Ledger DOL Form 5500 · updated monthly

Piquette & Howard Electric Service, LLC401(k)

PIQUETTE & HOWARD 401(K) PLAN · PLAISTOW, NH · plan year 2024

Reported admin expense ratio · 2024
0.92%

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

Piquette & Howard Electric Service, LLC reported $83,053 in plan administrative expenses for 2024: 0.92% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,285 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 0.92%. 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 New Hampshire (262nd of 411), and 3,058th of 5,337 in construction. In 2024, employees put in $2.22 for every $1.00 the employer contributed; active participation has grown from 201 to 231 since 2022.

Plan summary
Net assets, end of year$10,285,852
Participants with balances150
Active participants231
Employer contributions$527,770
Employee contributions$1,172,268
Employer contribution per active participant$2,285
Average account balance$68,572
Benefits paid to participants$474,992
Plan auditUnmodified (clean) audit opinion
AuditorNATHAN WECHSLER & COMPANY, P.A.
Plan history3
Yearassets · accounts · employer contribution
2024$10.3M · 150 accts · $528K emplr
2023$7.7M · 133 accts · $459K emplr
2022$4.9M · 120 accts · $395K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$83,053
Total administrative$83,053
The Piquette & Howard Electric Service, LLC 401(k) match · 2024
Employer contribution per active participant$2,285
Median for plans this size$1,313
2024$2,285 per active participant
2023$2,155 per active participant
2022$1,967 per active participant

Piquette & Howard Electric Service, LLC's 2024 employer contribution ran above the $1,313 median for plans its size. 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 · 20242
JOHN HANCOCK LIFE INSURANCE CO · Recordkeeping · Investment management$1,482
WILSHIRE ASSOCIATES INC (USA) · Investment advisory (participants)$1,799

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

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

Administrative cost history3
2024$83,053 · 0.92%
2023$58,422 · 0.92%
2022$45,680 · 0.96%
Same employer
Similar plansConstruction · New Hampshire
Longchamps Electric, LLC NH$13.9M · 0.41%
Severino Trucking Co., Inc. NH$12.8M · 0.44%
Palmer and Sicard, Inc. NH$12.1M · 0.47%
Metro Walls, Inc. NH$8.7M · 0.07%
R.S. Audley, Inc. NH$7.8M · 0.01%
Mts Services, Inc. NH$5.6M · 0.14%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 020316041 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.