Plan Snapshot
- Plan Sponsor: Ec Electric, INC.
- Sponsor EIN: 581890990
- Sponsor Address: 5350 WEBB PARKWAY, LILBURN, GA, 30047
- Plan Type: Health & Welfare
- Plan Number: 501
- Total Participants: 72
- Total Assets: $4,199
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 72 | $4,199 | $697,040 | $165,642 |
| 2023 | 62 | $33,236 | $424,416 | $140,933 |
| 2022 | 54 | $2,056 | $426,200 | $0 |
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 |
|---|---|---|---|---|
| THE BENECON GROUP | Investment Advisor | $22,612 | — | $22,612 |
| BALDWIN KRYSTYN SHERMAN | Investment Advisor | $22,125 | — | $22,125 |
| MERITAIN HEALTH, AN AETNA COMPANY | Other Service Provider | $8,585 | — | $8,585 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $53,322
- Estimated Expense Ratio: 1269.874% 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 | $789,484 | — | — | — | — |
| 2023 | $645,289 | — | — | — | — |
| 2022 | $483,161 | — | — | — | — |