Plan Ledger DOL Form 5500 · updated monthly

Equitrans Midstream Corporation401(k)

EQUITRANS MIDSTREAM CORPORATION EMPLOYEE SAVINGS PLAN · CANONSBURG, PA · plan year 2023

Reported admin expense ratio · 2023
0.03%

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

Equitrans Midstream Corporation reported $64,370 in plan administrative expenses for 2023: 0.03% of average plan assets, lower than ~75% of peers. Employer contributions averaged $13,465 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 has held roughly steady near 0.029%. The plan sits in the $50M–$250M size bracket, benchmarked here against 9,317 comparable plans and shown alongside other transportation & warehousing employers. By assets it is the 240th-largest of 3,651 plans among Pennsylvania employers on file, and the 134th of 2,677 in transportation & warehousing. In 2023, the employer put in $1.09 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$247,988,112
Participants with balances886
Active participants773
Employer contributions$10,408,231
Employee contributions$9,562,421
Employer contribution per active participant$13,465
Average account balance$279,896
Benefits paid to participants$11,483,606
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$340K · 1 accts · $7.0M emplr
2023$248.0M · 886 accts · $10.4M emplr
2022$197.4M · 870 accts · $10.2M emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$63,172
Trustee / custodial$1,198
Total administrative$64,370
The Equitrans Midstream Corporation 401(k) match · 2023
Employer contribution per active participant$13,465
Median for plans this size$3,659
2023$13,465 per active participant
2022$13,296 per active participant

Equitrans Midstream Corporation's 2023 employer contribution ran above the $3,659 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20231
FIDELITY INVESTMENTS INSTITUTIONAL · Trustee (directed) · Loan processing$20,934

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

Administrative cost history3
2024Not separately reported
2023$64,370 · 0.03%
2022$62,676 · 0.03%
Same employer
Similar plansTransportation & Warehousing · Pennsylvania
Pitt Ohio Express, LLC PA$396.0M · 0.08%
A. Duie Pyle, Incorporated PA$292.1M · 0.14%

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Source: U.S. Department of Labor, Form 5500 series, EIN 830516635 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.