Plan Ledger DOL Form 5500 · updated monthly

Sru Electric, LLC401(k)

SRU ELECTRIC, LLC 401(K) PLAN · CARY, IL · plan year 2024

Reported admin expense ratio · 2024
0.84%

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

Sru Electric, LLC reported $38,310 in plan administrative expenses for 2024: 0.84% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,886 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.

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 Illinois (3,117th of 3,702), and 4,288th of 5,337 in construction. In 2024, employees put in $2.24 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$3,813,004
Participants with balances95
Active participants90
Employer contributions$169,770
Employee contributions$380,891
Employer contribution per active participant$1,886
Average account balance$40,137
Benefits paid to participants$2,570,376
Plan auditUnmodified (clean) audit opinion
The Sru Electric, LLC 401(k) match · 2024
Employer contribution per active participant$1,886
Median for plans this size$1,313

Sru Electric, 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 · 20243
WELLS FARGO ADVISORS LLC · Investment advisory (plan)$26,322
CAPITAL GROUP RETIREMENT PLAN SERVI$13,263
ALTIGRO PENSION SERVICES INC · Contract administrator$11,050

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

Administrative cost history1
2024$38,310 · 0.84%
Similar plansConstruction · Illinois
Blunier Builders Inc. IL$5.1M · 0.06%
Rbs Opco, LLC IL$4.3M · 0.59%
Horizon Carpentry Inc. IL$3.1M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 993616090 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.