Bhi Energy Power Services LLC401(k)
BHI ENERGY 401(K) AND PROFIT SHARING PLAN · NORWELL, MA · plan year 2022
Bhi Energy Power Services LLC's 2022 Form 5500 did not separately report plan administrative expenses, which is common where recordkeeping is paid through investment revenue-sharing or a master trust. The plan held $120,365,029 across 2,620 participant accounts, with employer contributions averaging $43 per active participant. See methodology for what Form 5500 does and doesn't capture.
The plan sits in the $50M–$250M size bracket, benchmarked here against 9,341 comparable plans and shown alongside other professional & technical services employers. By assets it is the 380th-largest of 2,726 plans among Massachusetts employers on file, and the 1,277th of 11,654 in professional & technical services. In 2022, employees put in $52.29 for every $1.00 the employer contributed.
Bhi Energy Power Services LLC's 2022 employer contribution ran below the $3,449 median for plans its size, in the bottom 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.
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Source: U.S. Department of Labor, Form 5500 series, EIN 300811764 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.