Plan Ledger DOL Form 5500 · updated monthly

US Electrical Services, Inc.401(k)

U. S. ELECTRICAL SERVICES, INC. 401(K) PLAN · MIDDLETOWN, CT · plan year 2024

Reported admin expense ratio · 2024
0.21%

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

US Electrical Services, Inc. reported $315,681 in plan administrative expenses for 2024: 0.21% of average plan assets, above the peer median. Employer contributions averaged $2,843 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 0.13% to 0.21%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other wholesale trade employers. By assets it is the 127th-largest of 1,106 plans among Connecticut employers on file, and the 297th of 4,246 in wholesale trade. In 2024, employees put in $2.55 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$156,631,348
Participants with balances1,750
Active participants1,467
Employer contributions$4,170,557
Employee contributions$10,622,923
Employer contribution per active participant$2,843
Average account balance$89,504
Benefits paid to participants$19,756,980
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$156.6M · 1,750 accts · $4.2M emplr
2023$141.5M · 1,718 accts · $3.9M emplr
2022$116.6M · 1,675 accts · $3.8M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$315,681
Total administrative$315,681
The US Electrical Services, Inc. 401(k) match · 2024
Employer contribution per active participant$2,843
Median for plans this size$3,635
2024$2,843 per active participant
2023$2,788 per active participant
2022$2,786 per active participant

US Electrical Services, Inc.'s 2024 employer contribution ran below the $3,635 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 · 20245
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$315,681
FIDUCIENT ADVISORS LLC · Investment managementindirect comp
THE PARAGON ALLIANCE GROUP LLC · Contract administrator · Other servicesindirect comp
COHNREZNICK LLP · Accounting / auditindirect comp
FIDUCIARY INVESTMENT ADVISORS · Investment advisory (plan)indirect 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$315,681 · 0.21%
2023$271,104 · 0.21%
2022$166,523 · 0.13%
Same employer
Similar plansWholesale Trade · Connecticut
Lego Systems, Inc CT$429.2M · 0.05%
Louis Dreyfus Company LLC CT$287.0M · 0.11%
Axel Johnson Inc. CT$195.3M · 0.08%
Cellmark, Inc. CT$154.7M · 0.14%
Dairyland USA Corp. CT$117.3M · 0.25%
Timex Group USA, Inc. CT$116.2M · 0.10%

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Source: U.S. Department of Labor, Form 5500 series, EIN 060864003 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.