Plan Ledger DOL Form 5500 · updated monthly

Eos Energy Storage LLCProfit-sharing plan

EOS ENERGY STORAGE LLC RETIREMENT SAVINGS PLAN · EDISON, NJ · plan year 2024

Reported admin expense ratio · 2024
1.78%

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

Eos Energy Storage LLC reported $157,158 in plan administrative expenses for 2024: 1.78% of average plan assets, higher than ~90% of peers. Employer contributions averaged $2,766 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 1.24% to 1.78%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in New Jersey (1,474th of 2,419), and 8,517th of 13,661 in manufacturing. In 2024, employees put in $2.05 for every $1.00 the employer contributed; active participation has grown from 331 to 473 since 2022.

Plan summary
Net assets, end of year$10,632,869
Participants with balances656
Active participants473
Employer contributions$1,308,462
Employee contributions$2,680,098
Employer contribution per active participant$2,766
Average account balance$16,209
Benefits paid to participants$2,065,392
Plan auditUnmodified (clean) audit opinion
AuditorGROSSMAN YANAK & FORD LLP
Plan history3
Yearassets · accounts · employer contribution
2024$10.6M · 656 accts · $1.3M emplr
2023$7.1M · 571 accts · $999K emplr
2022$4.2M · 392 accts · $811K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$157,158
Total administrative$157,158
Employer contributions to the Eos Energy Storage LLC plan · 2024
Employer contribution per active participant$2,766
Median for plans this size$1,313
2024$2,766 per active participant
2023$2,380 per active participant
2022$2,450 per active participant

Eos Energy Storage LLC's 2024 employer contribution ran above the $1,313 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 · 20243
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$122,659
ACTUARIAL RETIREMENT SERVICES · Contract administrator · Other services$34,499
GREEN RIDGE WEALTH PLANNING 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$157,158 · 1.78%
2023$104,174 · 1.84%
2022$52,420 · 1.24%
Same employer
Similar plansManufacturing · New Jersey
Aetrex, Inc. NJ$10.9M · 0.37%
Ames Rubber Corporation NJ$10.8M · 0.35%
Electronic Concepts, Inc. NJ$10.7M · 0.69%
Food Sciences Corporation NJ$10.4M · 0.47%
F&S Produce Co., Inc. NJ$10.4M · 0.29%
Fsr Incorporated NJ$10.1M · 0.03%
Ggb, LLC NJ$10.1M · 0.10%

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Source: U.S. Department of Labor, Form 5500 series, EIN 320256144 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.