Plan Ledger DOL Form 5500 · updated monthly

Sam Houston Electric Cooperative, Inc.401(k)

SAM HOUSTON ELECTRIC COOPERATIVE, INC. PENSION PLAN · LIVINGSTON, TX · plan year 2024

Reported admin expense ratio · 2024
0.35%

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

Sam Houston Electric Cooperative, Inc. reported $122,179 in plan administrative expenses for 2024: 0.35% of average plan assets, above the peer median. Employer contributions averaged $5,154 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 0.39% to 0.35%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other utilities employers. By assets it is the 1,337th-largest of 5,688 plans among Texas employers on file, and 212th of 412 in utilities. In 2024, employees put in $1.29 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$36,329,103
Participants with balances182
Active participants169
Employer contributions$871,001
Employee contributions$1,120,302
Employer contribution per active participant$5,154
Average account balance$199,610
Benefits paid to participants$3,239,112
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$36.3M · 182 accts · $871K emplr
2023$34.3M · 182 accts · $814K emplr
2022$32.4M · 168 accts · $774K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$122,179
Total administrative$122,179
The Sam Houston Electric Cooperative, Inc. 401(k) match · 2024
Employer contribution per active participant$5,154
Median for plans this size$2,416
2024$5,154 per active participant
2023$4,650 per active participant
2022$4,899 per active participant

Sam Houston Electric Cooperative, Inc.'s 2024 employer contribution ran above the $2,416 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 · 20244
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$122,176
ALLIANCE BENEFIT GROUP OF HOUSTON · Contract administrator · Other servicesindirect comp
CETERA ADVISORS LLC · Investment advisory (plan)indirect comp
CETERA ADVISORS LLC · Investment advisory (plan)indirect comp

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

Administrative cost history3
2024$122,179 · 0.35%
2023$135,398 · 0.41%
2022$138,573 · 0.39%
Same employer
Similar plansUtilities · Texas
Crestwood Operations LLC TX$95.2M · 0.03%
Cameron Lng LLC TX$93.4M · 0.11%
Texas Disposal Systems Inc. TX$44.6M · 0.38%
Talen Montana, LLC TX$35.4M · 0.15%
Just Energy (U.S.) Corp. TX$28.6M · 0.25%

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Source: U.S. Department of Labor, Form 5500 series, EIN 740695563 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.