Plan Snapshot
- Plan Sponsor: El Paso Electric Company
- Sponsor EIN: 740607870
- Sponsor Address: PO BOX 982 - LOCATION 165, EL PASO, TX, 79960
- Plan Type: 401(k)
- Total Participants: 1,177
- Total Assets: $241.2M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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 | 1,177 | $241.2M | $6.8M | $12.9M |
| 2023 | 1,102 | $220.6M | $6.1M | $12.3M |
| 2022 | 1,124 | $184.8M | $3.6M | $7.3M |
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 |
|---|---|---|---|---|
| WEAVER AND TIDWELL, LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- WEAVER AND TIDWELL, LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 | $52,200 | $1,279 | — | — | — |
| 2023 | $51,670 | — | — | — | — |
| 2022 | $40,974 | — | — | — | — |