Plan Snapshot
- Plan Sponsor: Big State Electric, Ltd.
- Sponsor EIN: 741546606
- Sponsor Address: 8923 AERO STREET, SAN ANTONIO, TX, 78217
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 131
- Total Assets: $24.5M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 131 | $24.5M | $2.1M | $403,090 |
| 2023 | 108 | $19.9M | $1.4M | $344,607 |
| 2022 | 95 | $15.3M | $1.3M | $305,967 |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| FROST BANK | Other Service Provider | $15,000 | — | $15,000 |
| THE VANGUARD GROUP, INC. | Other Service Provider | $13,661 | — | $13,661 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $28,661
- Estimated Expense Ratio: 0.117% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $28,661 | $15,000 | $13,661 | — | — |
| 2023 | $485,884 | — | — | — | — |
| 2022 | $440,236 | — | — | — | — |