Plan Snapshot
- Plan Sponsor: Nickle Electrical Companies
- Sponsor EIN: 510300576
- Sponsor Address: 125 RUTHAR DRIVE, NEWARK, DE, 19711
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 246
- Total Assets: $18.4M
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. |
|---|---|---|---|---|
| 2025 | 246 | $18.4M | $0 | $0 |
| 2024 | 196 | $15.2M | $839,911 | $887,870 |
| 2023 | 171 | $12.7M | $663,697 | $763,169 |
| 2022 | 174 | $12.3M | $719,354 | $793,201 |
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 |
|---|---|---|---|---|
| GREAT VALLEY ADVISOR GROUP INC | Investment Advisor | $10,662 | — | $10,662 |
| NA NA | Other Service Provider | $8,680 | — | $8,680 |
| CAPITAL GROUP RETIREMENT PLAN SVCS. | Recordkeeper | $7,438 | — | $7,438 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $26,780
- Estimated Expense Ratio: 0.145% 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 | $446,303 | $10,662 | $8,680 | — | — |
| 2024 | $3,807 | — | $3,807 | — | — |
| 2023 | $6,049 | — | $6,049 | — | — |
| 2022 | $6,475 | $6,475 | — | — | — |