Department of Labor filing

LA PLATA ELECTRIC ASSOCIATION, INC.

LA PLATA ELECTRIC ASSOCIATION, INC. RETIREMENT SAVINGS PLAN · For the plan year ended Dec 31, 2024

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Public filing 2024 · received Aug 22, 2025Verified current terms Not available

Plan at a glance

How good does the filing look?

67filing comparison
out of 100

The filing looks somewhat better than typical peers on the measures we can compare. This is a filing comparison, not a complete benefits score.

$Employer support
$12,472

Reported employer contributions per active participant.

Higher than about 94% of comparable plans
#People in the filing
121

Active participants reported for 2024.

The filing does not say how many employees are currently contributing.
¢Visible plan-paid fees
$643 / participant

Reported administrative expense—not every fee an employee may pay.

Lower cost than about 4% of comparable plans
Investment performance
Not available

Plan assets changed 9.8%, but that includes contributions, withdrawals, and market movement.

Asset change is not investment performance.
What we still need to judge the benefit

Current match formula, vesting, eligibility, investment choices, fund expense ratios, and employee-level fees.

See missing terms ↓
Filing comparison · 202467out of 100 among similar-size plans in the same industry when enough peers exist

How this filing compares

Reported employer contributions94th percentileTypical peer $4,838 · based on 217 comparable plans
Lower reported administrative expense4th percentileTypical peer $163 · based on 212 comparable plans

This comparison uses historical filing figures. It does not compare current match formulas, vesting, investments, or employee fees.

The short version

What the latest filing tells us

For the plan year ended Dec 31, 2024, LA PLATA ELECTRIC ASSOCIATION, INC. reported $1,509,100 in employer contributions across the plan and 121 active participants. That works out to $12,472 per active participant. It is useful context, but it is not the current match formula and it does not show what any one employee received.

Participation proxy73%

Active participants divided by all end-of-year plan participants. This is not the company participation rate because the filing does not report every eligible employee.

Employer money trendUp 8.3%

Change in reported employer contribution per active participant across the filing history shown.

Expense trendUp 13.0%

Change in reported administrative expense per participant. Investment expenses may not be included.

Peer context67/100

A filing comparison among similar-size plans in the same industry when enough peers exist.

Where the public filing stops

Current match, vesting, eligibility, employee fees, and investment choices require a dated plan document. Until we have one, those details stay blank.

Latest financial record

Contributions, assets, and expenses

These figures are reported totals for the plan—not individual account balances or promises to any employee.

Employer contributions
$1,509,100
Participant contributions
$1,597,884
Other contributions
$311,369
Employer share of reported contributions
48.6%
Beginning assets
$35,300,131
Ending assets
$38,776,600
Ending net assets
$38,776,600
Ending liabilities
Not reported
Total income
$6,899,607
Total expenses
$3,423,138
Administrative expenses
$106,119
Participant loans
$202,204

Three-year filing history

How the reported figures changed

Each chart uses its own scale and starts at zero. When the filing has no value, the chart says so rather than turning it into a zero.

Employer contributions reported per active participant
2022
$11,517
2023
$11,581
2024
$12,472
Plan-paid administrative expenses per participant
2022
$569
2023
$560
2024
$643
Active participants
2022
115
2023
121
2024
121
Detailed filing history
Plan yearPer active participantActive participantsPlan assetsFiling ID
2024$12,47212138.8M20250822114032NAL0005262017001
2023$11,58112135.3M20240829140800NAL0013609953001
2022$11,51711529.6M20230907083451NAL0031714066001

Changes in plan assets are not the same as investment performance. Each row uses the selected public filing for that year.

Plan operations

Details worth knowing

Participant loans as a share of plan assets
0.5%
Independent accountant’s opinion
Unqualified opinion Code 1
Late participant contributions reported
Not stated in the filing
Public plan identifier
840248168-002

Reported plan details

Identity and filing status

Plan type
Retirement plan
Employer arrangement
Single-employer plan
Plan effective date
Jun 1, 1987
Industry
Utilities
Amended filing
No
Final filing for this plan
No
Short plan year
No
401(k) feature reported
Yes
Show DOL characteristic codes2E2F2G2J2K2R2S2T3D3H

Reported service providers

Organizations named in the latest filing

The public dataset does not always identify a provider’s exact role. Compensation stays blank when it was not separately reported.

ProviderPlan yearDirect compensationIndirect compensation
CHARLES SCHWAB & CO. INC. AND AFFIL2024Not reportedunknown

Current plan terms

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Filing ACK_ID20250822114032NAL0005262017001
Data sourceDOL Form 5500 bulk data ↗
Filing searchEFAST2 ↗