Tri-City Electrical Contractors 401(k) match, vesting and fees

Plan year 2024 filingTri-City Electrical Contractors, Inc. Retirement and Savings Plan · Plan 004 · EIN 02-0657423Updated Oct 2026

What Tri-City Electrical Contractors' 401(k) plan says about matching contributions

The match terms have not been published from this plan's filing yet.
The plan year 2024 filing reports $799K in employer contributions, about $875 per participant. That total includes any match and profit-sharing; it is not a match formula. Plan year 2024 Form 5500 ↗
$32,808
Average account balance
931
Participants (end of year)
$30M
Plan assets (end of year)
0.50%
Admin expenses ÷ assets

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.

RecordkeeperPrincipal Life Insurance CompanySchedule C ↗
Independent auditorRehmann Robson LLC (unmodified opinion, limited scope)Schedule H ↗
Plan type and status401(k) · ActiveForm 5500 ↗

How the plan compares

Plan year 2024 medians for 523 defined-contribution plans in construction with 500 to 999 participants.

Tri-City Electrical Contractors: employer contribution per participant$875
Peer median$2,361
Tri-City Electrical Contractors: average balance$32,808
Peer median$60,193
Tri-City Electrical Contractors: admin expenses ÷ assets0.50%
Peer median0.31%

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 $27.5M at the end of plan year 2021 to $30M at the end of plan year 2024.

$27.5M2021$22.4M2022$26M2023$30M2024
End-of-year figures from each plan year's Form 5500 filing for the Tri-City Electrical Contractors plan.
Plan yearParticipantsAssetsEmployer contributionsPer participantAdmin expense ratioMatch formulaFiling
2024931$30M$799K$8750.50%Not publishedForm 5500 ↗
2023999$26M$491K$4990.51%Not publishedForm 5500 ↗
2022774$22.4M$493K$6510.33%Not publishedForm 5500 ↗
2021793$27.5M$550K$8070.22%Not publishedForm 5500 ↗

Other Tri-City Electrical Contractors plans (1)

Each plan files its own Form 5500. Figures are from each plan's latest filing.

Tri-City Electrical Contractors, Inc. Employee Stock Ownership Plan and Trust

Plan 005 · EIN 02-0657423 · plan year 2024 filing
$111,857
Average account balance
895
Participants (end of year)
$99.6M
Plan assets (end of year)
0.00%
Admin expenses ÷ assets

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 auditorRehmann Robson LLC (unmodified opinion)Schedule H ↗
Plan type and statusRetirement · ActiveForm 5500 ↗

Common questions

Does Tri-City Electrical Contractors match 401(k) contributions?

The match terms for the Tri-City Electrical Contractors, Inc. Retirement and Savings Plan have not been published from its filing yet. The plan year 2024 filing reports $799K in employer contributions, about $875 per participant. That total includes any match and profit-sharing; it is not a match formula.

When is the Tri-City Electrical Contractors 401(k) match vested?

The vesting schedule for the Tri-City Electrical Contractors, Inc. Retirement and Savings Plan is not in the data published so far. Your Summary Plan Description states it.

Who manages the Tri-City Electrical Contractors 401(k)?

The recordkeeper listed on Schedule C of the plan year 2024 filing is Principal Life Insurance Company. The plan administrator is Tri-City Electrical Contractors, Inc..

I left Tri-City Electrical Contractors. How do I find my old 401(k)?

Your account stays in the plan until you move it. Contact the plan administrator (Tri-City Electrical Contractors, Inc., (563) 299-1291) or the recordkeeper, Principal Life Insurance Company. The Tri-City Electrical Contractors old 401(k) page lists the contacts from every plan filing. Find an old Tri-City Electrical Contractors 401(k)

Data from the public Form 5500 annual reports Tri-City Electrical 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 Tri-City Electrical Contractors. Not financial advice. Report a correction · Methodology