Plan Ledger DOL Form 5500 · updated monthly

Cleanleaf Energy, LLC401(k)

CLEANLEAF ENERGY RETIREMENT SAVINGS PLAN · ANNAPOLIS, MD · plan year 2024

Reported admin expense ratio · 2024
0.39%

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

Cleanleaf Energy, LLC reported $87,091 in plan administrative expenses for 2024: 0.39% of average plan assets, above the peer median. Employer contributions averaged $3,950 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.

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 615th-largest of 1,671 plans among Maryland employers on file, and 259th of 412 in utilities. In 2024, employees put in $1.32 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$21,573,838
Participants with balances300
Active participants105
Employer contributions$414,726
Employee contributions$547,862
Employer contribution per active participant$3,950
Average account balance$71,913
Benefits paid to participants$5,782,976
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$49,450
Investment management$37,641
Total administrative$87,091
The Cleanleaf Energy, LLC 401(k) match · 2024
Employer contribution per active participant$3,950
Median for plans this size$2,416

Cleanleaf Energy, LLC's 2024 employer contribution ran above 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
ALLIANT INSURANCE SERVICES INC DBA · Investment advisory (plan)$23,319
EMPOWER ADVISORY GROUP, LLC · Investment management$14,322

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

Administrative cost history1
2024$87,091 · 0.39%
Similar plansUtilities · Maryland
Gaines and Company, Inc. MD$30.4M · 0.36%
Hearthstone Utilities Inc. IL$22.6M · 0.48%
Strata Solar, LLC NC$22.6M · 0.55%
Dukes Root Control, Inc. IL$22.6M · 0.23%

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Source: U.S. Department of Labor, Form 5500 series, EIN 873311312 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.