Plan Ledger DOL Form 5500 · updated monthly

Votaw Electric, Inc.ESOP

VOTAW ELECTRIC, INC., EMPLOYEE STOCK OWNERSHIP PLAN · FORT WAYNE, IN · plan year 2024

Reported admin expense ratio · 2024
0.00%

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

Votaw Electric, Inc. reported $75 in plan administrative expenses for 2024: 0.00% of average plan assets, lower than ~75% of peers. Employer contributions averaged $8,562 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 fell from 0.01% to 0.00%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other construction employers. By assets it is the 437th-largest of 1,562 plans among Indiana employers on file, and the 1,560th of 5,337 in construction. active participation has grown from 118 to 133 since 2022.

Plan summary
Net assets, end of year$29,271,277
Participants with balances166
Active participants133
Employer contributions$1,138,714
Employee contributions—
Employer contribution per active participant$8,562
Average account balance$176,333
Benefits paid to participants$496,644
Plan auditUnmodified (clean) audit opinion
AuditorMALONEY + NOVOTNY, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$29.3M · 166 accts · $1.1M emplr
2023$18.5M · 143 accts · $127K emplr
2022$15.0M · 126 accts · $142K emplr
Administrative expenses, itemized · 2024
Trustee / custodial$75
Total administrative$75
Employer contributions to the Votaw Electric, Inc. plan · 2024
Employer contribution per active participant$8,562
Median for plans this size$2,416
2024$8,562 per active participant
2023$1,024 per active participant
2022$1,205 per active participant

Votaw Electric, Inc.'s 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top quarter of its peers. 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.

Administrative cost history3
2024$75 · 0.00%
2023$220 · 0.00%
2022$1,664 · 0.01%
All plans at this employer2
VOTAW ELECTRIC, INC. EMPLOYEES' 401(K) PLAN401(k)
VOTAW ELECTRIC, INC., EMPLOYEE STOCK OWNERSHIP PLANESOP
Same employer
Similar plansConstruction · Indiana
Fbi Buildings, Inc. IN$35.6M · 0.16%
Adkev, Inc. IN$33.5M · 0.39%
Koetter Construction Inc IN$33.5M · 0.01%
Koetter Woodworking, Inc. IN$28.4M · 0.27%
Electricom LLC IN$26.5M · 0.29%

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Source: U.S. Department of Labor, Form 5500 series, EIN 351151721 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.