Plan Ledger DOL Form 5500 · updated monthly

California Independent System Operator Corporation401(k)

CALIFORNIA ISO RETIREMENT SAVINGS BENEFITS PLAN · FOLSOM, CA · plan year 2024

Reported admin expense ratio · 2024
0.03%

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

California Independent System Operator Corporation reported $109,081 in plan administrative expenses for 2024: 0.03% of average plan assets, lower than ~75% of peers. Employer contributions averaged $21,660 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 fell from 0.04% to 0.03%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other utilities employers. By assets it is the 297th-largest of 9,483 plans among California employers on file, and the 71st of 412 in utilities. In 2024, the employer put in $1.22 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$443,308,790
Participants with balances950
Active participants731
Employer contributions$15,833,339
Employee contributions$12,940,737
Employer contribution per active participant$21,660
Average account balance$466,641
Benefits paid to participants$25,572,990
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$443.3M · 950 accts · $15.8M emplr
2023$385.1M · 939 accts · $14.6M emplr
2022$332.4M · 893 accts · $12.7M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$24,937
Investment management$84,144
Total administrative$109,081
The California Independent System Operator Corporation 401(k) match · 2024
Employer contribution per active participant$21,660
Median for plans this size$4,294
2024$21,660 per active participant
2023$20,541 per active participant
2022$19,039 per active participant

California Independent System Operator Corporation's 2024 employer contribution ran above the $4,294 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.

Service providers · 20244
SCHWAB RETIREMENT PLAN SERVICES,INC · Recordkeeping · Investment advisory (participants)$84,347
BROOKSTONE CAPITAL MANAGEMENT · Investment advisory (participants)$11,734
TALON PRIVATE WEALTH LLC · Investment advisory (participants)$11,703
CHARLES SCHWAB & CO., INC. · Securities brokerage$6,935

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

Recordkeeper by year2
2024Charles Schwab
2023Charles Schwab

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

Administrative cost history3
2024$109,081 · 0.03%
2023$130,843 · 0.04%
2022$136,957 · 0.04%
Same employer
Similar plansUtilities · California
Pg&E Corporation CA$5.0B · 0.07%
Edf Renewables CA$222.9M · 0.13%
Golden State Water Company CA$209.7M · 0.20%

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Source: U.S. Department of Labor, Form 5500 series, EIN 943274043 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.