The Building Industry Electrical Contractors Association, Inc.Profit-sharing plan

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

The Building Industry Electrical Contractors Association, Inc. reported $1,122,784 in plan administrative expenses for 2024: 1.02% of average plan assets, higher than ~90% of peers. Employer contributions averaged $5,817 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 0.93% to 1.02%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other construction employers. By assets it is the 698th-largest of 5,648 plans among New York employers on file, and the 547th of 5,337 in construction. active participation has shrunk from 1,297 to 905 since 2022.