Plan Snapshot
- Plan Sponsor: Rural Electric, INC.
- Sponsor EIN: 860360401
- Sponsor Address: 9502 E MAIN ST., MESA, AZ, 85207
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 144
- Total Assets: $4.2M
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 | 144 | $4.2M | $0 | $0 |
| 2024 | 116 | $4.3M | $178,687 | $637,265 |
| 2023 | 108 | $3.9M | $149,188 | $507,620 |
| 2022 | 99 | $3.3M | $132,083 | $477,873 |
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 |
|---|---|---|---|---|
| EDWARD JONES | Investment Advisor | $19,652 | — | $19,652 |
| ADP, INC. | Recordkeeper | $16,059 | — | $16,059 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $35,711
- Estimated Expense Ratio: 0.854% 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 | $1,374,609 | $19,652 | — | — | — |
| 2024 | $33,351 | $14,014 | — | — | — |
| 2023 | $25,878 | $17,821 | — | — | — |
| 2022 | $27,954 | — | — | — | — |