Plan Ledger DOL Form 5500 · updated monthly

Edp Renewables North America LLC401(k)

EDP RENEWABLES NORTH AMERICA LLC 401(K) RETIREMENT SAVINGS PLAN · HOUSTON, TX · plan year 2024

Reported admin expense ratio · 2024
0.11%

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

Edp Renewables North America LLC reported $163,086 in plan administrative expenses for 2024: 0.11% of average plan assets, below the peer median. Employer contributions averaged $7,440 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 $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other utilities employers. By assets it is the 452nd-largest of 5,688 plans among Texas employers on file, and the 109th of 412 in utilities. In 2024, employees put in $1.51 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$164,074,458
Participants with balances1,466
Active participants1,047
Employer contributions$7,789,498
Employee contributions$11,786,432
Employer contribution per active participant$7,440
Average account balance$111,920
Benefits paid to participants$18,924,371
Plan auditUnmodified (clean) audit opinion
AuditorPANNELL KERR FORSTER OF TEXAS, P.C.
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$94,907
Investment management$68,179
Total administrative$163,086
The Edp Renewables North America LLC 401(k) match · 2024
Employer contribution per active participant$7,440
Median for plans this size$3,635

Edp Renewables North America LLC's 2024 employer contribution ran above the $3,635 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 · 20242
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$94,907
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$68,179

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$163,086 · 0.11%
All plans at this employer2
EDP RENEWABLES NORTH AMERICA LLC 401(K) RETIREMENT SAVINGS PLAN401(k)
EDP RENEWABLES NORTH AMERICA LLC 401(K) RETIREMENT SAVINGS PLAN401(k)
Same employer
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Crestwood Operations LLC TX$95.2M · 0.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 260860404 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.