Plan Snapshot
- Plan Sponsor: La Plata Electric Association, INC.
- Sponsor EIN: 840248168
- Sponsor Address: P.O. BOX 2750, DURANGO, CO, 813022750
- Plan Type: 401(k)
- Plan Number: 002
- Total Participants: 169
- Total Assets: $43.6M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: Yes
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2025 | 169 | $43.6M | $0 | $0 |
| 2024 | 121 | $38.8M | $1.5M | $1.6M |
| 2023 | 121 | $35.3M | $1.4M | $1.4M |
| 2022 | 115 | $29.6M | $1.3M | $1.4M |
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 |
|---|---|---|---|---|
| SCHWAB RETIREMENT PLAN SERVICES,INC | Other Service Provider | $109,201 | — | $109,201 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $109,201
- Estimated Expense Ratio: 0.251% 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 |
|---|---|---|---|---|---|
| 2025 | $4,014,427 | $107,791 | — | — | — |
| 2024 | $106,119 | $104,839 | — | — | — |
| 2023 | $88,455 | $87,655 | — | — | — |
| 2022 | $88,814 | — | — | — | — |