Plan Ledger DOL Form 5500 · updated monthly

Electric Hydrogen Co401(k)

ELECTRIC HYDROGEN CO. 401(K) PLAN · NATICK, MA · plan year 2024

Reported admin expense ratio · 2024
0.19%

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

Electric Hydrogen Co reported $24,278 in plan administrative expenses for 2024: 0.19% of average plan assets, below the peer median. Employer contributions averaged $5,995 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 fell from 0.24% to 0.19%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Massachusetts (1,423rd of 2,726), and the 6,428th of 13,661 in manufacturing. In 2024, employees put in $1.98 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$17,642,700
Participants with balances429
Active participants342
Employer contributions$2,050,162
Employee contributions$4,066,122
Employer contribution per active participant$5,995
Average account balance$41,125
Benefits paid to participants$571,674
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2024$17.6M · 429 accts · $2.1M emplr
2023$8.2M · 329 accts · $1.3M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,950
Investment management$22,328
Total administrative$24,278
The Electric Hydrogen Co 401(k) match · 2024
Employer contribution per active participant$5,995
Median for plans this size$2,416
2024$5,995 per active participant
2023$4,437 per active participant

Electric Hydrogen Co'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
BETTERMENT FOR BUSINESS, LLC · Investment advisory (plan)$24,278

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

Administrative cost history2
2024$24,278 · 0.19%
2023$13,366 · 0.24%
Same employer
Similar plansManufacturing · Massachusetts
Conformis, Inc. MA$18.1M · 0.62%
Scheidt & Bachmann USA Inc. MA$18.0M · 0.47%
Generation Bio Co. MA$17.4M · 0.02%
Demakes Enterprises, Inc. MA$17.4M · 0.12%
Zapp Precision Wire, Inc. MA$17.2M · 0.17%

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Source: U.S. Department of Labor, Form 5500 series, EIN 854316374 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.