City Electric Supply Company 401(k) Review & Grade
City Electric Supply Employee Savings Plan
Dallas, TXWholesale Trade4,606 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$1,219Employer $ per active participant
$3,034Employee $ saved per active participant
0.09%Direct admin cost, % of plan assets
$158.7MNet plan assets, end of year
$44,333Average balance per account
Score breakdown
- Employer generosity10.3 / 5021th percentile for employer $ per participant
- Low cost15.4 / 2561th percentile for low admin cost vs. same-size plans
- Employee saving3.4 / 1523th percentile for employee $ per participant
- Plan features3 / 10Default investment
Total score32 / 100 · Grade D
This plan vs. peers
Peers: Wholesale Trade plans with 2,500–9,999 active participants (103 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 21th |
| Lower admin cost | 61th |
| Employee saving | 23th |
| Peers that auto-enroll | 62% |
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Red flags from the filing
No red flags were reported on this filing's compliance questions.
What to do if you're in this plan
- City Electric Supply put in about $1,219 per active participant, below the typical peer ($2,459). Any match is still an instant return, so contribute enough to get all of it.
- The filing shows total dollars, not the match formula. Ask HR for the Summary Plan Description so you know the exact match and vesting schedule.
- Fund expense ratios aren't in the filing. Look them up in your 404(a)(5) fee disclosure and favor low-cost index or target-date funds.
- Changing jobs? You can usually leave the money in the plan, move it to your new employer's plan, or roll it into an IRA. Don't cash out: you'd owe taxes and possibly a 10% penalty.
The raw numbers from the filing
| Employer contributions | $5,615,770 |
| Participant (employee) contributions | $13,974,204 |
| Other contributions (incl. rollovers in) | $1,343,774 |
| Administrative expenses paid from the plan | $122,342 |
| Contract administrator fees | $1,200 |
| Investment advisory & management fees | $636 |
| Other admin expenses | $11,250 |
| Benefits paid out | $9,409,657 |
| Net assets, start / end of year | $121.5M / $158.7M |
| Active participants, start / end of year | 4,241 / 4,972 |
| Participants with account balances | 3,579 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Baker Tilly US, LLP |
Largest service providers (Schedule C)
| Semago & Company | $27,000 reported compensation |
| Global Retirement Partners, LLC | $11,250 reported compensation |
| Fidelity Investments Institutional | $4,638 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251014110208NAL0001257603001, received 2025-10-14, EIN 59-2279498, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.