State Utility Contractors 401(k) match, vesting and fees
What State Utility Contractors' 401(k) 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 | John Hancock Life Insurance Company | Schedule C ↗ |
| Independent auditor | Dmjps PLLC (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
How the plan compares
Plan year 2024 medians for 3,874 defined-contribution plans in construction with 100 to 499 participants.
| State Utility Contractors: employer contribution per participant | $4,459 | |
| Peer median | $2,411 |
| State Utility Contractors: average balance | $97,520 | |
| Peer median | $61,921 |
| State Utility Contractors: admin expenses ÷ assets | 0.45% | |
| Peer median | 0.39% |
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 $14.8M at the end of plan year 2021 to $13.9M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 191 | $13.9M | $638K | $4,459 | 0.45% | Not published | Form 5500 ↗ |
| 2023 | 173 | $15.2M | $275K | $2,040 | 0.58% | Not published | Form 5500 ↗ |
| 2022 | 175 | $13M | $200K | $1,617 | 0.51% | Not published | Form 5500 ↗ |
| 2021 | 175 | $14.8M | $198K | $1,724 | 0.55% | Not published | Form 5500 ↗ |
Other State Utility Contractors plans (1)
Each plan files its own Form 5500. Figures are from each plan's latest filing.
State Utility Contractors, Inc. Employee Stock Ownership Plan
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.
| Independent auditor | Cmjps PLLC (unmodified opinion) | Schedule H ↗ |
| Plan type and status | Retirement · Active | Form 5500 ↗ |
Common questions
Does State Utility Contractors match 401(k) contributions?
The match terms for the State Utility Contractors, Inc. 401(k) Profit Sharing Plan have not been published from its filing yet. The plan year 2024 filing reports $638K in employer contributions, about $4,459 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the State Utility Contractors 401(k) match vested?
The vesting schedule for the State Utility Contractors, Inc. 401(k) Profit Sharing Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the State Utility Contractors 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is John Hancock Life Insurance Company. The plan administrator is State Utility Contractors, Inc..
I left State Utility Contractors. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (State Utility Contractors, Inc., (704) 289-6400) or the recordkeeper, John Hancock Life Insurance Company. The State Utility Contractors old 401(k) page lists the contacts from every plan filing. Find an old State Utility Contractors 401(k)
Data from the public Form 5500 annual reports State Utility Contractors 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 State Utility Contractors. Not financial advice. Report a correction · Methodology