Plan Ledger DOL Form 5500 · updated monthly

Energy Management Professionals401(k)

ENERGY MANAGEMENT PROFESSIONALS LLC 401(K) PROFIT SHARING PLAN · WATERBURY, CT · plan year 2024

Reported admin expense ratio · 2024
0.34%

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

Energy Management Professionals reported $32,114 in plan administrative expenses for 2024: 0.34% of average plan assets, below the peer median. Employer contributions averaged $2,145 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 0.29% to 0.34%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in Connecticut (740th of 1,106), and the 2,568th of 5,215 in retail trade. In 2024, employees put in $2.50 for every $1.00 the employer contributed; active participation has shrunk from 163 to 136 since 2022.

Plan summary
Net assets, end of year$10,355,441
Participants with balances180
Active participants136
Employer contributions$291,739
Employee contributions$730,052
Employer contribution per active participant$2,145
Average account balance$57,530
Benefits paid to participants$471,620
Plan auditUnmodified (clean) audit opinion
AuditorGRAY GRAY & GRAY
Plan history3
Yearassets · accounts · employer contribution
2024$10.4M · 180 accts · $292K emplr
2023$8.8M · 237 accts · $276K emplr
2022$7.2M · 234 accts · $286K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$9,693
Investment management$22,421
Total administrative$32,114
The Energy Management Professionals 401(k) match · 2024
Employer contribution per active participant$2,145
Median for plans this size$1,313
2024$2,145 per active participant
2023$1,917 per active participant
2022$1,754 per active participant

Energy Management Professionals's 2024 employer contribution ran above the $1,313 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 · 20242
HIGHTOWER ADVISORS, LLC · Recordkeeping · Trustee$22,421
ADP, INC. · Loan processing · Recordkeeping$9,693

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

Recordkeeper by year2
2024ADP, HIGHTOWER ADVISORS, LLC
2023ADP, HIGHTOWER ADVISORS, LLC

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

Administrative cost history3
2024$32,114 · 0.34%
2023$23,118 · 0.29%
2022$23,639 · 0.29%
Similar plansRetail Trade · Connecticut
Felix F. Callari, Inc. CT$12.2M · 0.59%
Fcp Groton LLC CT$11.1M · 0.65%
Dan Perkins Subaru, Inc. CT$10.4M · 0.63%
Schaller Auto World, Inc. CT$10.0M · 0.26%

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Source: U.S. Department of Labor, Form 5500 series, EIN 814850134 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.