Plan Snapshot
- Plan Sponsor: Sam Houston Electric Cooperative, INC.
- Sponsor EIN: 740695563
- Sponsor Address: 1157 E. CHURCH STREET, LIVINGSTON, TX, 77351
- Plan Type: 401(k)
- Plan Number: 002
- Total Participants: 186
- Total Assets: $35.9M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- 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 | 186 | $35.9M | $0 | $0 |
| 2024 | 169 | $36.3M | $871,001 | $1.1M |
| 2023 | 175 | $34.3M | $813,780 | $1.1M |
| 2022 | 158 | $32.4M | $774,117 | $1.1M |
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 |
|---|---|---|---|---|
| PRINCIPAL LIFE INSURANCE COMPANY | Recordkeeper | $119,759 | — | $119,759 |
| ALLIANCE BENEFIT GROUP OF HOUSTON | Recordkeeper | — | $52,344 | $52,344 |
| CETERA ADVISORS LLC | Investment Advisor | — | $50,979 | $50,979 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $223,082
- Estimated Expense Ratio: 0.622% 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 | $7,774,076 | — | $119,785 | — | — |
| 2024 | $122,179 | — | $122,179 | — | — |
| 2023 | $135,398 | — | $135,398 | — | — |
| 2022 | $138,573 | $274 | $130,892 | — | $7,407 |