Plan Ledger DOL Form 5500 · updated monthly

Baywa R.E. Solar Projects, LLC401(k)

BAYWA R.E. SOLAR PROJECTS, LLC 401(K) PLAN · IRVINE, CA · plan year 2024

Reported admin expense ratio · 2024
0.02%

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

Baywa R.E. Solar Projects, LLC reported $2,310 in plan administrative expenses for 2024: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $9,405 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 0.00% to 0.02%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other utilities employers. By assets it is the 4,165th-largest of 9,483 plans among California employers on file, and 282nd of 412 in utilities. In 2024, employees put in $1.52 for every $1.00 the employer contributed; active participation has grown from 130 to 157 since 2022.

Plan summary
Net assets, end of year$16,311,072
Participants with balances234
Active participants157
Employer contributions$1,476,565
Employee contributions$2,250,847
Employer contribution per active participant$9,405
Average account balance$69,705
Benefits paid to participants$1,062,932
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$16.3M · 234 accts · $1.5M emplr
2023$10.7M · 209 accts · $1.2M emplr
2022$6.1M · 170 accts · $881K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$2,310
Total administrative$2,310
The Baywa R.E. Solar Projects, LLC 401(k) match · 2024
Employer contribution per active participant$9,405
Median for plans this size$2,416
2024$9,405 per active participant
2023$6,999 per active participant
2022$6,779 per active participant

Baywa R.E. Solar Projects, LLC's 2024 employer contribution ran above the $2,416 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history3
2024$2,310 · 0.02%
2023$1,515 · 0.02%
2022$165 · 0.00%
Same employer
Similar plansUtilities · California
Borrego Energy, LLC CA$27.5M · 0.26%
Tesco Controls, LLC CA$14.0M · 0.04%
South 49 Holdings, LTD. CA$13.1M · 0.84%
CLEANWATER1, Inc. CA$12.2M · 0.31%

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Source: U.S. Department of Labor, Form 5500 series, EIN 471076725 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.