Plan Ledger DOL Form 5500 · updated monthly

Crusoe Energy Systems Inc401(k)

CRUSOE ENERGY SYSTEMS INC 401(K) PLAN · DENVER, CO · plan year 2024

Reported admin expense ratio · 2024
0.33%

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

Crusoe Energy Systems Inc reported $37,888 in plan administrative expenses for 2024: 0.33% of average plan assets, above the peer median. Employer contributions averaged $3,806 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 0.58% to 0.33%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 635th-largest of 1,461 plans among Colorado employers on file, and 6,465th of 11,654 in professional & technical services. In 2024, employees put in $1.97 for every $1.00 the employer contributed; active participation has grown from 203 to 513 since 2022.

Plan summary
Net assets, end of year$15,456,347
Participants with balances637
Active participants513
Employer contributions$1,952,618
Employee contributions$3,845,872
Employer contribution per active participant$3,806
Average account balance$24,264
Benefits paid to participants$884,633
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$15.5M · 637 accts · $2.0M emplr
2023$7.3M · 297 accts · $1.2M emplr
2022$3.4M · 200 accts · $733K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$37,888
Total administrative$37,888
The Crusoe Energy Systems Inc 401(k) match · 2024
Employer contribution per active participant$3,806
Median for plans this size$2,416
2024$3,806 per active participant
2023$4,824 per active participant
2022$3,610 per active participant

Crusoe Energy Systems Inc'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 · 20241
THE VANGUARD GROUP, INC. · Recordkeeping · Loan processing$37,888

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

Recordkeeper by year2
2024Vanguard
2023Vanguard

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

Administrative cost history3
2024$37,888 · 0.33%
2023$25,381 · 0.48%
2022$14,985 · 0.58%
Same employer
Similar plansProfessional & Technical Services · Colorado
Messner Reeves LLP CO$15.5M · 0.77%
Sovrn Holdings, Inc. CO$15.4M · 0.57%
Fentress Architects CO$15.4M · 0.03%
Stoneage Holdings, Inc. CO$15.3M · 0.02%
Vexcel Group, Inc CO$15.0M · 0.19%

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Source: U.S. Department of Labor, Form 5500 series, EIN 831941319 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.