Plan Snapshot
- Plan Sponsor: El Paso Electric Company
- Sponsor EIN: 740607870
- Sponsor Address: P.O. BOX 982 - LOCATION 165, EL PASO, TX, 799600001
- Plan Type: Health & Welfare
- Plan Number: 511
- Total Participants: 0
- Total Assets: $46.2M
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 | 0 | $46.2M | $356,332 | $647,074 |
| 2023 | 0 | $43.5M | $167,230 | $752,292 |
| 2022 | 0 | $40.5M | $176,590 | $840,139 |
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 |
|---|---|---|---|---|
| BLUE CROSS BLUE SHIELD OF TEXAS | Other Service Provider | $46,101 | — | $46,101 |
| EXPRESS SCRIPTS | Other Service Provider | $37,185 | — | $37,185 |
| STATE STREET GLOBAL ADVISORS TRUST | Other Service Provider | $23,691 | — | $23,691 |
| STATE STREET BANK AND TRUST COMPANY | Other Service Provider | $5,233 | — | $5,233 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $112,210
- Estimated Expense Ratio: 0.243% 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 | $169,426 | $25,757 | $83,286 | — | — |
| 2023 | $669,704 | $116,661 | $99,961 | — | — |
| 2022 | $291,294 | $168,199 | $93,507 | — | — |