Plan Snapshot
- Plan Sponsor: Electrical Components International, INC.
- Sponsor EIN: 204674361
- Sponsor Address: 1 CITY PLACE DRIVE, SUITE 450, ST. LOUIS, MO, 63141
- Plan Type: 401(k)
- Total Participants: 615
- Total Assets: $31.6M
Key Plan Design Features
- Auto-Enrollment: Yes
- 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 | 615 | $31.6M | $1.3M | $2.2M |
| 2023 | 766 | $27.6M | $1.1M | $1.9M |
| 2022 | 804 | $23.7M | $1.2M | $1.8M |
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 |
|---|---|---|---|---|
| ALERUS FINANCIAL, N.A. | NONE | $80,867 | — | $80,867 |
| BAM ADVISOR SERVICES | NONE | $72,650 | — | $72,650 |
| ARMANINO LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ALERUS FINANCIAL, N.A. — NONE
- ARMANINO LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $153,517
- Estimated Expense Ratio: 0.486% 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 | $80,865 | — | — | — | — |
| 2023 | $66,899 | — | — | — | — |
| 2022 | $66,438 | — | — | — | — |