Plan Ledger DOL Form 5500 · updated monthly

Energysolutions, LLC401(k)

ENERGYSOLUTIONS, LLC 401(K) PROFIT SHARING PLAN · SALT LAKE CITY, UT · plan year 2024

Reported admin expense ratio · 2024
0.15%

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

Energysolutions, LLC reported $343,902 in plan administrative expenses for 2024: 0.15% of average plan assets, above the peer median. Employer contributions averaged $4,634 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 0.13% to 0.15%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other administrative & support services employers. By assets it is the 28th-largest of 848 plans among Utah employers on file, and the 82nd of 2,534 in administrative & support services. In 2024, employees put in $2.12 for every $1.00 the employer contributed; active participation has grown from 1,068 to 1,331 since 2022.

Plan summary
Net assets, end of year$245,490,981
Participants with balances1,778
Active participants1,331
Employer contributions$6,167,418
Employee contributions$13,046,087
Employer contribution per active participant$4,634
Average account balance$138,071
Benefits paid to participants$22,755,793
Plan auditUnmodified (clean) audit opinion
AuditorTANNER LLC
Plan history3
Yearassets · accounts · employer contribution
2024$245.5M · 1,778 accts · $6.2M emplr
2023$215.1M · 1,787 accts · $5.3M emplr
2022$181.6M · 1,585 accts · $4.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$343,902
Total administrative$343,902
The Energysolutions, LLC 401(k) match · 2024
Employer contribution per active participant$4,634
Median for plans this size$3,635
2024$4,634 per active participant
2023$3,896 per active participant
2022$3,911 per active participant

Energysolutions, LLC's 2024 employer contribution ran above the $3,635 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 · 20243
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$343,802
TANNER LLC · Accounting / auditindirect comp
GLOBAL RETIREMENT PARTNERS LLC · Investment advisory (plan)indirect comp

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$343,902 · 0.15%
2023$295,998 · 0.15%
2022$267,918 · 0.13%
Same employer
Similar plansAdministrative & Support Services · Utah
Chg Companies, Inc. UT$513.4M · 0.10%
Muckleshoot Indian Tribe WA$260.0M · 0.11%
Alphastaff Group, Inc. FL$252.3M · 0.56%
Rteam Management, Inc. OH$250.8M · 0.00%
Amplify HR Management IL$244.1M · 0.70%
Vectrus Systems Corporation CO$240.2M · 0.22%

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Source: U.S. Department of Labor, Form 5500 series, EIN 141921823 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.