Dealers Electrical Supply Co. 401(k) Review & Grade
Employee 401(k) Plan & Trust of Dealers Electrical Supply Co.
Waco, TXWholesale Trade516 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$1,699Employer $ per active participant
$1,681Employee $ saved per active participant
0.28%Direct admin cost, % of plan assets
$39.1MNet plan assets, end of year
$49,924Average balance per account
Score breakdown
- Employer generosity23.8 / 5048th percentile for employer $ per participant
- Low cost10.7 / 2543th percentile for low admin cost vs. same-size plans
- Employee saving1.4 / 159th percentile for employee $ per participant
- Plan features0 / 10No auto-enrollment or default investment reported
Total score36 / 100 · Grade D
This plan vs. peers
Peers: Wholesale Trade plans with 500–2,499 active participants (603 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 48th |
| Lower admin cost | 43th |
| Employee saving | 9th |
| Peers that auto-enroll | 53% |
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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
- Dealers Electrical Supply put in about $1,699 per active participant, below the typical peer ($1,792). 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 | $875,591 |
| Participant (employee) contributions | $866,371 |
| Other contributions (incl. rollovers in) | $282,167 |
| Administrative expenses paid from the plan | $110,519 |
| Contract administrator fees | $110,519 |
| Benefits paid out | $6,063,268 |
| Net assets, start / end of year | $39.8M / $39.1M |
| Active participants, start / end of year | 529 / 502 |
| Participants with account balances | 784 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Forvis Mazars, LLP |
Largest service providers (Schedule C)
| Disciplined Investors LLC | $61,492 reported compensation |
| Pattillo, Brown & Hill, LLP | $26,600 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251202113454NAL0011993697001, received 2025-12-02, EIN 74-1972120, plan #003, plan year 2024-05-01 to 2025-04-30. Verify at efast.dol.gov.