Department of Labor filing

PAIGE ELECTRIC CO., L.P.

PAIGE ELECTRIC CO., L.P. 401(K) PROFIT SHARING PLAN · For the plan year ended Dec 31, 2023

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Public filing 2023 · received Oct 12, 2024Verified current terms Not available

Plan at a glance

How good does the filing look?

68filing 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
$5,392

Reported employer contributions per active participant.

Higher than about 93% of comparable plans
#People in the filing
102

Active participants reported for 2023.

The filing does not say how many employees are currently contributing.
¢Visible plan-paid fees
$379 / participant

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

Lower cost than about 10% of comparable plans
Investment performance
Not available

Plan assets changed -15.8%, 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 · 202368out of 100 among similar-size plans in the same industry when enough peers exist

How this filing compares

Reported employer contributions93rd percentileTypical peer $1,965 · based on 1,320 comparable plans
Lower reported administrative expense10th percentileTypical peer $171 · based on 1,349 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, 2023, PAIGE ELECTRIC CO., L.P. reported $550,000 in employer contributions across the plan and 102 active participants. That works out to $5,392 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 proxy77%

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 trendDown 2.0%

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

Expense trendDown 18.4%

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

Peer context68/100

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
$550,000
Participant contributions
$702,845
Other contributions
$18,159
Employer share of reported contributions
43.9%
Beginning assets
$22,675,957
Ending assets
$19,095,379
Ending net assets
$19,095,379
Ending liabilities
$0
Total income
$5,319,864
Total expenses
$8,900,442
Administrative expenses
$53,840
Participant loans
$136,474

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
$5,500
2023
$5,392
Plan-paid administrative expenses per participant
2022
$464
2023
$379
Active participants
2022
100
2023
102
Detailed filing history
Plan yearPer active participantActive participantsPlan assetsFiling ID
2023$5,39210219.1M20241012134327NAL0047708450001
2022$5,50010022.7M20231010145515NAL0018096403001

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
0.7%
Independent accountant’s opinion
Not stated in the filing
Late participant contributions reported
Not stated in the filing
Public plan identifier
223148731-002

Reported plan details

Identity and filing status

Plan type
Retirement plan
Employer arrangement
Single-employer plan
Plan effective date
Nov 1, 1976
Industry
Wholesale trade
Amended filing
No
Final filing for this plan
No
Short plan year
No
401(k) feature reported
Yes
Show DOL characteristic codes2E2F2H2J3D2T

Current plan terms

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Filing ACK_ID20241012134327NAL0047708450001
Data sourceDOL Form 5500 bulk data ↗
Filing searchEFAST2 ↗