Plan Ledger DOL Form 5500 · updated monthly

Fluence Energy, LLC401(k)

FLUENCE SAVINGS PLAN · ARLINGTON, VA · plan year 2024

Reported admin expense ratio · 2024
0.02%

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

Fluence Energy, LLC reported $10,560 in plan administrative expenses for 2024: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $7,970 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 fell from 0.06% to 0.02%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other agriculture, forestry & fishing employers. By assets it is the 341st-largest of 2,266 plans among Virginia employers on file, and the 61st of 945 in agriculture, forestry & fishing. In 2024, employees put in $1.76 for every $1.00 the employer contributed; active participation has grown from 583 to 736 since 2022.

Plan summary
Net assets, end of year$80,874,247
Participants with balances932
Active participants736
Employer contributions$5,865,760
Employee contributions$10,347,739
Employer contribution per active participant$7,970
Average account balance$86,775
Benefits paid to participants$5,275,733
Plan auditUnmodified (clean) audit opinion
AuditorEISNER AMPER LLP
Plan history3
Yearassets · accounts · employer contribution
2024$80.9M · 932 accts · $5.9M emplr
2023$57.7M · 733 accts · $4.5M emplr
2022$38.6M · 585 accts · $3.6M emplr
The Fluence Energy, LLC 401(k) match · 2024
Employer contribution per active participant$7,970
Median for plans this size$3,635
2024$7,970 per active participant
2023$7,287 per active participant
2022$6,239 per active participant

Fluence Energy, LLC's 2024 employer contribution ran above the $3,635 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 · 20249
T. ROWE PRICE RPS, INC. · Recordkeeping · Trustee$10,560
FIDELITY · Investment managementindirect comp
PRUDENTIAL JENNISON · Investment managementindirect comp
MFS FUNDS · Investment managementindirect comp
LEGG MASON · Investment managementindirect comp
INVESCO · Investment managementindirect comp
BLACKROCK FUNDS · Investment managementindirect comp
JP MORGAN FUNDS · Investment managementindirect comp
LORD ABBETT · Investment managementindirect 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
2024T. Rowe Price
2023T. Rowe Price

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Administrative cost history3
2024$10,560 · 0.02%
2023$34,673 · 0.07%
2022$20,113 · 0.06%
Same employer
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Citrus World, Inc. FL$83.5M · 0.32%
Metrolina Greenhouses, Inc. NC$83.0M · 0.19%
Savatree, LLC NY$81.5M · 0.31%
Zirkle Fruit Company WA$81.2M · 0.33%
Landus Cooperative IA$80.4M · 0.27%
Sakata Seed America, Inc. CA$76.9M · 0.10%
Grimmway Enterprises, Inc. CA$76.0M · 0.44%

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Source: U.S. Department of Labor, Form 5500 series, EIN 822138818 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.