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Original filing (PDF)20250710155040NAL0003616579001
NORTH STATE ELECTRICAL CONTRACTORS, INC.
Form 5500
FILING_RECEIVED
NORTH STATE ELECTRICAL CONTRACTORS, INC. 401(K) PLAN
401(k) retirement plan
Signals · 2
39% in single holding~80 bps in Sched C fees
Active participants
165
Accounts w/ balance
141
Plan assets (EOY)
$6.5M
Net assets (EOY)
$6.5M
How this plan invests
This plan
19 securities
funds · stocks · CUSIPs
Holdings are itemized directly on this plan's Schedule of Assets, below.
Plan health score (directional)
87
/ 100
Grade A
Top-tier plan health
Directional indicator computed from public Form 5500 data — compliance, concentration, cost, vendor stack and participation. Not a fiduciary tool.
Compliance & disclosures
100
Concentration risk
81
Total plan cost
65
Vendor stack
100
Participation health
100
Knocking points off
- Top holding "American Funds American Funds Balanced R6" is 39% of plan.
- 80 bps in Schedule C fees — 53% above peer band of 52 bps.
Decision-maker contacts
CFO / Head of HR / Benefits Manager — verified email + LinkedIn for NORTH STATE ELECTRICAL CONTRACTORS, INC..
Plan sponsor
Name
NORTH STATE ELECTRICAL CONTRACTORS, INC.
EIN
20-8066743
Address
11101 WHITE ROCK ROAD · RANCHO CORDOVA, CA · 95670
Phone
(916) 572-0571
Industry
Electrical Contractors· Constructionsee all
Plan administrator
Same as plan sponsor.
Plan characteristics
Plan number
001
Plan year
2024
Plan year begin
2024-01-01
Tax period
2024-12-31
Filed
2025-07-10
Pension benefit codes
2A · Age/service weighted or new comparability
2E · Profit-sharing
2F · ERISA section 404(c)
2G · Total participant-directed accounts
2J · 401(k) feature
2T · Default investment account (QDIA)
3D · Pre-approved plan (master / prototype / VS)
3H · Sponsor in controlled / affiliated group
Audit & trust (Schedule H)
Auditor
CLIFTON LARSON ALLEN LLP
Trustee / custodian
—
Trustee phone
—
Service providers (Schedule C)
2 rowsRecordkeeper
1| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| NEWPORT GROUP, INC. | 27-2037969 | — | RECORDKEEPER | $22K | — |
Advisor / Consultant
1| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| ALLWORTH FINANCIAL, LP | — | FOLSOM, CA | ADVISOR | $30K | — |
Investments
19 direct securities· $6.5M(100% of reported assets)
| PI | Investment | Type | Shares / units | Cost | Current value | % of plan |
|---|---|---|---|---|---|---|
| American Funds American Funds Balanced R6 | — | — | — | $2.5M | 38.9% | |
| Vanguard Total Stock Market ETF | — | — | — | $1.4M | 21.1% | |
| iShares by BlackRock IShares Barclay Aggregate Bond | — | — | — | $637K | 9.8% | |
| Guggenheim Funds Distributors Guggenheim Total Return Bond | — | — | — | $340K | 5.2% | |
| T. Rowe Price T. Rowe Price Institutional Floating Rate | — | — | — | $321K | 4.9% | |
| Vanguard High Dividend Yield INDX ETF | — | — | — | $248K | 3.8% | |
| Delaware Ivy Delaware Ivy Mid Cap Growth | — | — | — | $217K | 3.3% | |
| Participants Notes Receivable from Participants Rates from 5.25% to 10.50% - | — | — | — | $210K | 3.2% | |
| Vanguard FTSE Developed Markets ETF | — | — | — | $154K | 2.4% | |
| Vanguard FTSE Emerging Markets ETF | — | — | — | $122K | 1.9% | |
| Vanguard Wellesley Income Inv. | — | — | — | $122K | 1.9% | |
| iShares by BlackRock IShares MSCI EAFE Small-Cap ETF | — | — | — | $82K | 1.3% | |
| American Century American Century Multisector Income R6 | — | — | — | $70K | 1.1% | |
| Vanguard Growth ETF | — | — | — | $60K | 0.9% | |
| Vanguard Small Cap Growth ETF | — | — | — | $7K | 0.1% | |
| Vanguard Target Retirement 2055 INV | — | — | — | $6K | <0.1% | |
| iShares by BlackRock IShares S&P MIDCAP 400 Index Fund | — | — | — | $3K | <0.1% | |
| Vanguard Small-Cap Value ETF | — | — | — | $2K | <0.1% | |
| Vanguard Mid-Cap Value ETF | — | — | — | $2K | <0.1% |
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