Plan Snapshot
- Plan Sponsor: El Paso Electric Company
- Sponsor EIN: 740607870
- Sponsor Address: P.O. BOX 982, EL PASO, TX, 799600001
- Plan Type: DB
- Total Participants: 1,156
- Total Assets: $278.2M
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 | 1,156 | $278.2M | $6.2M | $264,908 |
| 2023 | 1,107 | $278.4M | $2.9M | $227,226 |
| 2022 | 1,128 | $271.7M | $2.1M | $214,874 |
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 |
|---|---|---|---|---|
| STATE STREET GLOBAL ADVISORS TRUST | NONE | $197,739 | — | $197,739 |
| INCOME RESEARCH + MANAGEMENT | NONE | $89,183 | — | $89,183 |
| STATE STREET BANK AND TRUST COMPANY | NONE | $30,000 | — | $30,000 |
| 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: $316,922
- Estimated Expense Ratio: 0.114% 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 | $1,250,597 | $162,540 | $58,324 | — | — |
| 2023 | $2,588,477 | $839,334 | $20,334 | — | — |
| 2022 | $1,476,706 | $1,143,966 | $19,557 | — | — |