MD Electrical Industry S&A Fund retirement plan: assets, participants and fees
What MD Electrical Industry S&A Fund's retirement plan plan says about matching contributions
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Recordkeeper | Empower Annuity Insurance Company | Schedule C ↗ |
| Independent auditor | Withumsmith+brown, PC (unmodified opinion) | Schedule H ↗ |
| Plan type and status | Retirement · Active | Form 5500 ↗ |
How the plan compares
Plan year 2024 medians for 570 defined-contribution plans in construction with 1,000 to 4,999 participants.
| MD Electrical Industry S&A Fund: employer contribution per participant | $5,194 | |
| Peer median | $2,900 |
| MD Electrical Industry S&A Fund: average balance | $97,523 | |
| Peer median | $67,876 |
| MD Electrical Industry S&A Fund: admin expenses ÷ assets | 0.24% | |
| Peer median | 0.26% |
Admin expenses are the plan's reported administrative expenses divided by its assets; they do not include fund expense ratios.
Plan history
Plan assets went from $306M at the end of plan year 2021 to $329M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 3,376 | $329M | $17.5M | $5,194 | 0.24% | Not published | Form 5500 ↗ |
| 2023 | 3,104 | $292M | $14.5M | $4,675 | 0.32% | Not published | Form 5500 ↗ |
| 2022 | 3,074 | $254M | $14M | $4,550 | 0.29% | Not published | Form 5500 ↗ |
| 2021 | 2,956 | $306M | $12.3M | $4,175 | 0.30% | Not published | Form 5500 ↗ |
Common questions
Does MD Electrical Industry S&A Fund match 401(k) contributions?
The match terms for the Maryland Electrical Industry Severance & Annuity Fund have not been published from its filing yet. The plan year 2024 filing reports $17.5M in employer contributions, about $5,194 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the MD Electrical Industry S&A Fund 401(k) match vested?
The vesting schedule for the Maryland Electrical Industry Severance & Annuity Fund is not in the data published so far. Your Summary Plan Description states it.
Who manages the MD Electrical Industry S&A Fund 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Empower Annuity Insurance Company. The plan administrator is Md Electrical Industry S&A Fund.
I left MD Electrical Industry S&A Fund. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Md Electrical Industry S&A Fund, (304) 525-0331) or the recordkeeper, Empower Annuity Insurance Company. The MD Electrical Industry S&A Fund old 401(k) page lists the contacts from every plan filing. Find an old MD Electrical Industry S&A Fund 401(k)
Data from the public Form 5500 annual reports MD Electrical Industry S&A Fund filed with the U.S. Department of Labor (plan years 2021 and 2022 and 2023 and 2024) and, where noted, the attached independent auditor's report. Plan terms may have changed since the filing; check your current Summary Plan Description. PlanFacts is not affiliated with MD Electrical Industry S&A Fund. Not financial advice. Report a correction · Methodology