Plan Ledger DOL Form 5500 · updated monthly

Tower Electric, Inc.401(k)

TOWER ELECTRIC INC. 401(K) PLAN · CENTENNIAL, CO · plan year 2022

Reported admin expense ratio · 2022
0.61%

Tower Electric, Inc. reported $8,602 in plan administrative expenses for 2022: 0.61% of average plan assets, above the peer median. 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 30,021 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in Colorado (1,323rd of 1,461), and 5,011th of 5,337 in construction.

Plan summary
Net assets, end of year$1,340,754
Participants with balances77
Active participants109
Employer contributions—
Employee contributions$214,865
Employer contribution per active participant—
Average account balance$17,412
Benefits paid to participants$86,962
Plan auditUnmodified (clean) audit opinion
AuditorWIPFLI LLP
What these fees cost you

Annual cost at the plan's reported 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$8,602 · 0.61%
Similar plansConstruction · Colorado
Lifehealth, LLC CO$1.8M · 0.87%
4X Industrial, LLC CO$1.3M · 0.21%
Wn, LLC CO$1.0M · 2.29%
Metro Pavers Inc CO$840K · 0.93%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 205049692 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.