Plan Ledger DOL Form 5500 · updated monthly

Tri-State Electric, LTD401(k)

TRI-STATE ELECTRIC 401(K) PLAN · VINTON, TX · plan year 2024

Reported admin expense ratio · 2024
0.60%

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

Tri-State Electric, LTD reported $41,380 in plan administrative expenses for 2024: 0.60% of average plan assets, above the peer median. Employer contributions averaged $1,566 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 3 years on file its reported administrative ratio has held roughly steady near 0.60%. 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 Texas (3,544th of 5,688), and 3,519th of 5,337 in construction. In 2024, employees put in $1.63 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$7,309,975
Participants with balances134
Active participants113
Employer contributions$176,990
Employee contributions$288,951
Employer contribution per active participant$1,566
Average account balance$54,552
Benefits paid to participants$295,120
Plan auditUnmodified (clean) audit opinion
AuditorLAUTERBACK, BORSCHOW & CO. PC
Plan history3
Yearassets · accounts · employer contribution
2024$7.3M · 134 accts · $177K emplr
2023$6.6M · 129 accts · $165K emplr
2022$5.7M · 131 accts · $163K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$40,980
Total administrative$41,380
The Tri-State Electric, LTD 401(k) match · 2024
Employer contribution per active participant$1,566
Median for plans this size$1,313
2024$1,566 per active participant
2023$1,552 per active participant
2022$1,480 per active participant

Tri-State Electric, LTD'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 · 20241
M HOLDINGS SECURITIESindirect 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$41,380 · 0.60%
2023$35,564 · 0.58%
2022$34,211 · 0.57%
Same employer
Similar plansConstruction · Texas
Lutech Resources, Inc. TX$7.4M · 0.27%
Onx, Inc. TX$7.4M · 1.06%
Supreme Roofing, LP TX$7.3M · 0.11%
Nexrev, LLC TX$7.2M · 0.81%
Casa Mechanical Services TX$7.1M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 743022814 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.