Plan Ledger DOL Form 5500 · updated monthly

Atlantic Power Services, LLC401(k)

ATLANTIC POWER SERVICES 401(K) AND PROFIT SHARING PLAN · DEDHAM, MA · plan year 2023

Reported admin expense ratio · 2023
0.32%

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

Atlantic Power Services, LLC reported $130,023 in plan administrative expenses for 2023: 0.32% of average plan assets, above the peer median. Employer contributions averaged $11,902 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 4 years on file its reported administrative ratio has held roughly steady near 0.33%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other utilities employers. By assets it is the 778th-largest of 2,726 plans among Massachusetts employers on file, and the 191st of 412 in utilities. In 2023, employees put in $1.82 for every $1.00 the employer contributed; active participation has shrunk from 178 to 96 since 2022.

Plan summary
Net assets, end of year$43,177,123
Participants with balances188
Active participants96
Employer contributions$1,142,590
Employee contributions$2,081,162
Employer contribution per active participant$11,902
Average account balance$229,666
Benefits paid to participants$4,710,563
Plan auditUnmodified (clean) audit opinion
Plan history4
Yearassets · accounts · employer contribution
2025$30.3M · 160 accts · $536K emplr
2024$31.8M · 165 accts · $646K emplr
2023$43.2M · 188 accts · $1.1M emplr
2022$37.9M · 255 accts · $1.1M emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$33,733
Investment management$96,290
Total administrative$130,023
The Atlantic Power Services, LLC 401(k) match · 2023
Employer contribution per active participant$11,902
Median for plans this size$2,440
2025$5,761 per active participant
2024$7,605 per active participant
2023$11,902 per active participant
2022$6,302 per active participant

Atlantic Power Services, LLC's 2023 employer contribution ran above the $2,440 median for plans its size, placing it in the top quarter of its peers. 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
CREATIVE PLANNING LLC · Investment advisory (plan)$96,290
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$33,733

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

Administrative cost history4
2025$102,072 · 0.33%
2024$114,866 · 0.31%
2023$130,023 · 0.32%
2022$129,880 · 0.32%
Same employer
Similar plansUtilities · Massachusetts
Iso New England Inc. MA$321.3M · 0.06%
Vicinity Energy, LLC MA$99.4M · 0.07%
New Leaf Energy MA$29.1M · 0.36%
Robert B. Our Co., Inc. MA$20.0M · 0.46%
S.G. Torrice Co., Inc MA$15.7M · 0.23%

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Source: U.S. Department of Labor, Form 5500 series, EIN 452821416 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.