Plan Ledger DOL Form 5500 · updated monthly

Enerwise Global Technologies401(k)

ENERWISE GLOBAL TECHNOLOGIES, LLC 401(K) PLAN · BALTIMORE, MD · plan year 2024

Reported admin expense ratio · 2024
0.24%

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

Enerwise Global Technologies reported $80,876 in plan administrative expenses for 2024: 0.24% of average plan assets, below the peer median. Employer contributions averaged $4,746 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 has held roughly steady near 0.24%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other utilities employers. By assets it is the 417th-largest of 1,671 plans among Maryland employers on file, and 213th of 412 in utilities. In 2024, employees put in $3.22 for every $1.00 the employer contributed; active participation has grown from 170 to 187 since 2022.

Plan summary
Net assets, end of year$35,592,865
Participants with balances297
Active participants187
Employer contributions$887,530
Employee contributions$2,859,612
Employer contribution per active participant$4,746
Average account balance$119,841
Benefits paid to participants$4,550,292
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$35.6M · 297 accts · $888K emplr
2023$31.8M · 288 accts · $802K emplr
2022$26.5M · 296 accts · $804K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$28,749
Investment management$41,127
Audit (IQPA)$11,000
Total administrative$80,876
The Enerwise Global Technologies 401(k) match · 2024
Employer contribution per active participant$4,746
Median for plans this size$2,416
2024$4,746 per active participant
2023$4,688 per active participant
2022$4,730 per active participant

Enerwise Global Technologies'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 · 20244
GREENSPRING ADVISORS, LLC · Recordkeeping · Trustee$41,126
ADP, INC. · Loan processing · Recordkeeping$28,749
GREENSPRING ADVISORS, LLC · Recordkeeping · Pension consulting$11,000
ADP BROKER-DEALERindirect comp

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, GREENSPRING ADVISORS, LLC
2023ADP, GREENSPRING ADVISORS, LLC

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

Administrative cost history3
2024$80,876 · 0.24%
2023$72,425 · 0.25%
2022$64,579 · 0.23%
Similar plansUtilities · Maryland
Vermont Gas Systems, Inc. VT$37.1M · 0.39%
Talen Montana, LLC TX$35.4M · 0.15%

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Source: U.S. Department of Labor, Form 5500 series, EIN 233073713 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.