Plan Ledger DOL Form 5500 · updated monthly

Edl Holdings (US), Inc.401(k)

ENERGY DEVELOPMENTS EMPLOYEE RETIREMENT PLAN · EAST LANSING, MI · plan year 2024

Reported admin expense ratio · 2024
0.16%

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

Edl Holdings (US), Inc. reported $34,155 in plan administrative expenses for 2024: 0.16% of average plan assets, below the peer median. Employer contributions averaged $6,877 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 rose from 0.07% to 0.16%. 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 923rd-largest of 2,619 plans among Michigan employers on file, and 250th of 412 in utilities. In 2024, employees put in $1.40 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$23,652,844
Participants with balances230
Active participants165
Employer contributions$1,134,718
Employee contributions$1,583,565
Employer contribution per active participant$6,877
Average account balance$102,838
Benefits paid to participants$1,161,159
Plan auditUnmodified (clean) audit opinion
AuditorDEMPSEY VANTREASE AND FOLLIS PLLC
Plan history3
Yearassets · accounts · employer contribution
2024$23.7M · 230 accts · $1.1M emplr
2023$18.2M · 195 accts · $1.2M emplr
2022$15.2M · 237 accts · $784K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$23,315
Investment management$8,623
Total administrative$34,155
The Edl Holdings (US), Inc. 401(k) match · 2024
Employer contribution per active participant$6,877
Median for plans this size$2,416
2024$6,877 per active participant
2023$8,737 per active participant
2022$5,089 per active participant

Edl Holdings (US), Inc.'s 2024 employer contribution ran above the $2,416 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 · 20241
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$24,485

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

Administrative cost history3
2024$34,155 · 0.16%
2023$28,781 · 0.17%
2022$9,133 · 0.07%
Similar plansUtilities · Michigan
Midwest Energy Cooperative MI$27.4M · 0.39%
Nfe Management LLC NY$24.4M · 0.19%
Local Union 94 I.B.E.W. NJ$24.1M · 0.96%

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Source: U.S. Department of Labor, Form 5500 series, EIN 522059087 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.