Plan Ledger DOL Form 5500 · updated monthly

Charge Enterprises, Inc.401(k)

CHARGE ENTERPRISES, INC. 401(K) PLAN · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.42%

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

Charge Enterprises, Inc. reported $87,555 in plan administrative expenses for 2024: 0.42% of average plan assets, above the peer median. Employer contributions averaged $2,286 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 1 year on file its reported administrative ratio rose from 0.28% to 0.42%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other management of companies employers. By assets it is the 2,429th-largest of 5,648 plans among New York employers on file, and 427th of 786 in management of companies. In 2024, employees put in $2.26 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$21,361,094
Participants with balances341
Active participants234
Employer contributions$535,002
Employee contributions$1,211,072
Employer contribution per active participant$2,286
Average account balance$62,643
Benefits paid to participants$3,757,288
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2024$21.4M · 341 accts · $535K emplr
2023$20.1M · 296 accts · $734K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$87,555
Total administrative$87,555
The Charge Enterprises, Inc. 401(k) match · 2024
Employer contribution per active participant$2,286
Median for plans this size$2,416
2024$2,286 per active participant
2023$3,430 per active participant

Charge Enterprises, Inc.'s 2024 employer contribution ran below 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 · 20243
THE VANGUARD GROUP · Recordkeeping$32,136
RETIREMENT PLAN SOLUTIONS · Recordkeeping$5,760
PENSIONMARK FINANCIAL GROUP LLC · Investment advisory (plan)$60,213

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

Recordkeeper by year2
2024RETIREMENT PLAN SOLUTIONS, Vanguard
2023Vanguard

This plan has changed recordkeepers within these filings. If you left Charge Enterprises, Inc. before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history2
2024$87,555 · 0.42%
2023$55,795 · 0.28%
Same employer
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Source: U.S. Department of Labor, Form 5500 series, EIN 900471969 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.