Plan Ledger DOL Form 5500 · updated monthly

Association for Energy Affordability, Inc.401(k)

ASSOCIATION FOR ENERGY AFFORDABILITY, INC 401(K)/PROFIT SHARING PLAN · BRONX, NY · plan year 2024

Reported admin expense ratio · 2024
0.31%

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

Association for Energy Affordability, Inc. reported $37,332 in plan administrative expenses for 2024: 0.31% of average plan assets, above the peer median. Employer contributions averaged $2,728 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 2 years on file its reported administrative ratio rose from 0.22% to 0.31%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in New York (3,226th of 5,648), and 7,149th of 11,654 in professional & technical services. In 2024, employees put in $2.33 for every $1.00 the employer contributed; active participation has grown from 99 to 119 since 2022.

Plan summary
Net assets, end of year$12,809,337
Participants with balances152
Active participants119
Employer contributions$324,632
Employee contributions$757,556
Employer contribution per active participant$2,728
Average account balance$84,272
Benefits paid to participants$1,340,433
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$12.8M · 152 accts · $325K emplr
2023$11.3M · 144 accts · $280K emplr
2022$9.0M · 129 accts · $240K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$9,091
Investment management$28,241
Total administrative$37,332
The Association for Energy Affordability, Inc. 401(k) match · 2024
Employer contribution per active participant$2,728
Median for plans this size$2,416
2024$2,728 per active participant
2023$2,719 per active participant
2022$2,428 per active participant

Association for Energy Affordability, Inc.'s 2024 employer contribution ran above the $2,416 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 · 20242
THE VANGUARD GROUP, INC. · Recordkeeping · Loan processing$9,091
MORGAN STANLEY GLOBAL · Investment advisory (plan)$28,241

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

Recordkeeper by year2
2024Vanguard
2023Vanguard

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

Administrative cost history3
2024$37,332 · 0.31%
2023$6,938 · 0.07%
2022$21,246 · 0.22%
Same employer
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Source: U.S. Department of Labor, Form 5500 series, EIN 133374285 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.