Plan Ledger DOL Form 5500 · updated monthly

All Energy Solar, Inc.401(k)

ALL ENERGY SOLAR RETIREMENT PLAN · ST. PAUL, MN · plan year 2024

Reported admin expense ratio · 2024
0.68%

Peer grade: B · admin costs + employer contributions vs same-size plans · how grading works

All Energy Solar, Inc. reported $45,843 in plan administrative expenses for 2024: 0.68% of average plan assets, above the peer median. Employer contributions averaged $2,047 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 1 year on file its reported administrative ratio rose from 0.27% to 0.68%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other utilities employers. By assets it is among the smaller plans on file in Minnesota (1,424th of 1,918), and 347th of 412 in utilities. In 2024, employees put in $2.30 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$7,760,978
Participants with balances186
Active participants211
Employer contributions$431,812
Employee contributions$992,921
Employer contribution per active participant$2,047
Average account balance$41,726
Benefits paid to participants$341,116
Plan auditUnmodified (clean) audit opinion
AuditorWIPFLI LLP
Plan history2
Yearassets · accounts · employer contribution
2024$7.8M · 186 accts · $432K emplr
2023$5.6M · 164 accts · $289K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$45,843
Total administrative$45,843
The All Energy Solar, Inc. 401(k) match · 2024
Employer contribution per active participant$2,047
Median for plans this size$1,313
2024$2,047 per active participant
2023$1,206 per active participant

All Energy Solar, Inc.'s 2024 employer contribution ran above the $1,313 median for plans its size. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
TRANSAMERICA RETIREMENT SOLUTIONS · Recordkeeping · Loan processing$25,841
TAX SHELTERED COMPENSATION, INC · Recordkeeping · Loan processing$3,400
COMMONWEALTH FINANCIAL NETWORK · Investment advisory (plan)$19,537

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024TAX SHELTERED COMPENSATION, INC, Transamerica
2023TAX SHELTERED COMPENSATION, INC, Transamerica

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history2
2024$45,843 · 0.68%
2023$14,973 · 0.27%
Same employer
Similar plansUtilities · Minnesota
Ever Green Energy, Inc. MN$32.7M · 0.19%
Lakes Gas Co. MN$13.5M · 0.11%
Rms Energy Co. LLC MN$8.3M · 1.01%
Greenskies Clean Energy CT$8.0M · 0.43%
Plus Power Services LLC TX$7.8M · 0.09%

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Source: U.S. Department of Labor, Form 5500 series, EIN 272103755 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.