Plan Ledger DOL Form 5500 · updated monthly

Service Electric Cable Tv, Inc401(k)

SERVICE ELECTRIC CABLE TV, INC. 401(K) PROFIT SHARING PLAN · BETHLEHEM, PA · plan year 2024

Reported admin expense ratio · 2024
0.37%

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

Service Electric Cable Tv, Inc reported $110,220 in plan administrative expenses for 2024: 0.37% of average plan assets, above the peer median. Employer contributions averaged $2,675 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 0.30% to 0.37%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other information & media employers. By assets it is the 1,117th-largest of 3,651 plans among Pennsylvania employers on file, and the 738th of 2,199 in information & media. In 2024, employees put in $2.68 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$32,105,907
Participants with balances181
Active participants226
Employer contributions$604,627
Employee contributions$1,618,062
Employer contribution per active participant$2,675
Average account balance$177,381
Benefits paid to participants$2,933,434
Plan auditUnmodified (clean) audit opinion
AuditorBRINKER SIMPSON & COMPANY LLC
Plan history3
Yearassets · accounts · employer contribution
2024$32.1M · 181 accts · $605K emplr
2023$28.1M · 175 accts · $555K emplr
2022$23.3M · 174 accts · $500K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$37,969
Investment management$42,146
Total administrative$110,220
The Service Electric Cable Tv, Inc 401(k) match · 2024
Employer contribution per active participant$2,675
Median for plans this size$2,416
2024$2,675 per active participant
2023$2,557 per active participant
2022$2,359 per active participant

Service Electric Cable Tv, Inc's 2024 employer contribution ran above the $2,416 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
MERRILL LYNCH PIERCE FENNER & SMITH · Pension consulting · Investment advisory (plan)$72,251
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$37,960

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$110,220 · 0.37%
2023$92,176 · 0.36%
2022$66,243 · 0.30%
All plans at this employer2
SERVICE ELECTRIC CABLE TV, INC. 401(K) PROFIT SHARING PLAN401(k)
SERVICE ELECTRIC CABLE TV, INC. IBEW 375 401(K) PROFIT SHARING PLAN401(k)
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Harmelin & Associates PA$35.9M · 0.33%
Times Shamrock Media LP PA$32.0M · 0.07%
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Source: U.S. Department of Labor, Form 5500 series, EIN 232786711 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.