Electrifai LLC401(k)
ELECTRIFAI LLC, 401(K) PLAN · JERSEY CITY, NJ · plan year 2021
Peer grade: C+ · admin costs + employer contributions vs same-size plans · how grading works
Electrifai LLC reported $25,467 in plan administrative expenses for 2021: 0.34% of average plan assets, below the peer median. Employer contributions averaged $0 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 3 years on file its reported administrative ratio fell from 0.70% to 0.45%. The plan sits in the $1M–$10M size bracket, benchmarked here against 289 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in New Jersey (1,682nd of 2,419), and 8,783rd of 11,654 in professional & technical services. active participation has shrunk from 68 to 47 since 2020.
Electrifai LLC's 2021 employer contribution ran below the $994 median for plans its size, in the bottom 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.
Annual cost at the plan's reported 2021 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
Why are you looking at this plan?
Source: U.S. Department of Labor, Form 5500 series, EIN 832145136 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.