Plan Ledger DOL Form 5500 · updated monthly

Rural Electric, Inc.401(k)

RURAL ELECTRIC, INC. 401(K) PLAN · MESA, AZ · plan year 2024

Reported admin expense ratio · 2024
0.82%

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

Rural Electric, Inc. reported $33,351 in plan administrative expenses for 2024: 0.82% of average plan assets, above the peer median. Employer contributions averaged $1,540 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 4 years on file its reported administrative ratio has held roughly steady near 0.85%. 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 Arizona (882nd of 1,285), and 4,163rd of 5,337 in construction. In 2024, employees put in $3.57 for every $1.00 the employer contributed; active participation has grown from 99 to 116 since 2022.

Plan summary
Net assets, end of year$4,260,366
Participants with balances153
Active participants116
Employer contributions$178,687
Employee contributions$637,265
Employer contribution per active participant$1,540
Average account balance$27,846
Benefits paid to participants$926,540
Plan auditUnmodified (clean) audit opinion
Plan history4
Yearassets · accounts · employer contribution
2025$4.2M · 135 accts · $111K emplr
2024$4.3M · 153 accts · $179K emplr
2023$3.9M · 140 accts · $149K emplr
2022$3.3M · 134 accts · $132K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$19,337
Investment management$14,014
Total administrative$33,351
The Rural Electric, Inc. 401(k) match · 2024
Employer contribution per active participant$1,540
Median for plans this size$1,313
2025$1,084 per active participant
2024$1,540 per active participant
2023$1,381 per active participant
2022$1,334 per active participant

Rural Electric, Inc.'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
EDWARD JONES · Recordkeeping · Trustee$19,256
ADP, INC. · Loan processing · Recordkeeping$14,094

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

Recordkeeper by year3
2025ADP, Edward Jones
2024ADP, Edward Jones
2023ADP, Edward Jones

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

Administrative cost history4
2025$35,711 · 0.85%
2024$33,351 · 0.82%
2023$25,878 · 0.73%
2022$27,954 · 0.81%
Similar plansConstruction · Arizona
Tribal Health, LLC AZ$4.8M · 0.96%
New Electric, Inc. AZ$4.7M · 0.33%
Southwest Hazard Control AZ$4.3M · 0.14%
Agate, Inc. AZ$4.2M · 1.75%
Mdn Enterprises, Inc. AZ$4.0M · 0.99%

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Source: U.S. Department of Labor, Form 5500 series, EIN 860360401 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.