Retirement plan

ELECTRICAL WHOLESALE SUPPLY CO., INC. 401(K) PROFIT SHARING PLAN

Name: ELECTRICAL WHOLESALE SUPPLY CO., INC. - ELECTRICAL WHOLESALE SUPPLY CO., INC. 401(K) PROFIT SHARING PLAN (2024) Form 5500
Creator: ELECTRICAL WHOLESALE SUPPLY CO., INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ELECTRICAL WHOLESALE SUPPLY CO., INC. 401(K) PROFIT SHARING PLAN, ELECTRICAL WHOLESALE SUPPLY CO., INC.

ELECTRICAL WHOLESALE SUPPLY CO., INC.EIN 82-0254406Plan #001PY 2024

999 FLIGHTLINE DR - IDAHO FALLS, ID 83402208-523-2901electricalwholesale.comLinkedIn51-200 employeeswholesale

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$12.4M

+14.9% from 2023

Total participants

168

+7.0% from 2023

Average account balance

$84,488

+5.5% from 2023

Annual return

12.02%

-5.46 pp from 2023

Benchmarks

See 2,345 peers

Peer group

Industry42 - Wholesale Trade

Plan typeDefined contribution

Participants100-249

Cohort2,345 peers

Snapshot2024

Free accounts unlock saves, downloads, and 3-year history.

Analytics

Total assets (EOY)

Plan-year ending balance

$12.42M

Not enough data

1 years with asset history on file

Average account balance

Total assets / participants with a balance (line 6g)

$84K

Not enough data

1 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

147

Not enough data

1 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

84.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$928K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$7K

Not enough data

1 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+12.02%

Not enough data

1 years with return on file

Admin fee / account holder

Total admin expenses / participants with a balance (line 6g)

$375

Not enough data

1 years with admin cost on file

Asset composition

Cash / stocks / bonds / mutual funds / real estate / loans over time

Not enough data

1 years with F_SCH_H allocation on file

Free accounts unlock saves, downloads, and 3-year history.

Service providers

Top 3 by compensation

Provider	Service type	Compensation
ASCENT RETIREMENT ADVISORS LLC2 years Service code 27 3455 N WINSOME PL · BOISE, ID 83702	Advisory (Plan)	$41,417
GREAT-WEST LIFE & ANNUITY INSURANCE3 years Filed as: EMPOWER ANNUITY INSURANCE COMPANY O Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111	Recordkeeping Fees	$13,107
GREAT-WEST LIFE & ANNUITY INSURANCE3 years Filed as: EMPOWER ADVISORY GROUP, LLC Service code 28 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111	Investment Management	$610

Plan features & details

Pension benefit codes2E2F2H2J2T3B3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
2F
ERISA section 404(c) plan
This plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
2H
Partial participant-directed account plan
Participants have the opportunity to direct the investment of a portion of the assets allocated to their individual accounts regardless of whether 29 CFR 2550.404c-1 is intended to be met.
2J
Code section 401(k) feature
Cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan under which employees may elect to defer part of their compensation or receive these amounts in cash.
2T
Default investment account
Total or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.
3B
Plan covering self-employed individuals
Plan covering self-employed individuals.
3D
Pre-approved pension plan
A master prototype or volume submitter plan that is the subject of a favorable opinion or advisory letter from the IRS.

Opportunity flags

1 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

Expense breakdown

Schedule H Part II

Admin total

$55K

$400 / participant

Recordkeeping$13K23.8%
Investment mgmt$42K76.2%

% of EOY assets

0.444%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: POSTON DENNEY & KILLPACK, PLLC
Auditor EIN: 820486077
Audit fees: $0
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$84,488

$88,186-4.2%

$165,071-48.8%

$74,459+13.5%

Participation rate

84.8%

73.1%+11.6pp

78.6%+6.2pp

67.2%+17.6pp

Annual return

12.02%

17.13%-5.1pp

70.17%-58.2pp

1369.70%-1357.7pp

Employer contribution / active EE

$3,080

$2,600+18.4%

$4,347-29.2%

$2,626+17.3%

Participant deferral / active EE

$3,643

$4,505-19.1%

$6,035-39.6%

$4,350-16.2%

Admin fee / account holder

$375

$2,234-83.2%

$12,695-97.0%

$1,945-80.7%

Provider

Service type

Compensation

ASCENT RETIREMENT ADVISORS LLC2 years

Service code 27

3455 N WINSOME PL · BOISE, ID 83702

Advisory (Plan)

$41,417

GREAT-WEST LIFE & ANNUITY INSURANCE3 years

Filed as: EMPOWER ANNUITY INSURANCE COMPANY O

Service code 64

8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111

Recordkeeping Fees

$13,107

GREAT-WEST LIFE & ANNUITY INSURANCE3 years

Filed as: EMPOWER ADVISORY GROUP, LLC

Service code 28

8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111

Investment Management

$610

ELECTRICAL WHOLESALE SUPPLY CO., INC. 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ELECTRICAL WHOLESALE SUPPLY CO., INC. 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion