Plan Ledger DOL Form 5500 · updated monthly

Fuelcell Energy, Inc.401(k)

FUELCELL ENERGY INC. CAPITAL ACCUMULATION PLAN · DANBURY, CT · plan year 2024

Reported admin expense ratio · 2024
0.09%

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

Fuelcell Energy, Inc. reported $73,332 in plan administrative expenses for 2024: 0.09% of average plan assets, below the peer median. Employer contributions averaged $3,092 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 0.04% to 0.09%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other manufacturing employers. By assets it is the 218th-largest of 1,106 plans among Connecticut employers on file, and the 2,159th of 13,661 in manufacturing. In 2024, employees put in $3.60 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$84,405,193
Participants with balances631
Active participants416
Employer contributions$1,286,306
Employee contributions$4,636,781
Employer contribution per active participant$3,092
Average account balance$133,764
Benefits paid to participants$9,035,843
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$84.4M · 631 accts · $1.3M emplr
2023$74.0M · 663 accts · $1.2M emplr
2022$61.7M · 637 accts · $585K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$63,149
Investment management$10,183
Total administrative$73,332
The Fuelcell Energy, Inc. 401(k) match · 2024
Employer contribution per active participant$3,092
Median for plans this size$3,635
2024$3,092 per active participant
2023$2,579 per active participant
2022$1,318 per active participant

Fuelcell Energy, Inc.'s 2024 employer contribution ran below 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 · 20242
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$52,019
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$10,183

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$73,332 · 0.09%
2023$74,429 · 0.11%
2022$27,306 · 0.04%
Same employer
Similar plansManufacturing · Connecticut
Swisher International Inc CT$122.3M · 0.03%
Byk USA Inc. CT$116.5M · 0.07%
Brook & Whittle Limited CT$91.9M · 0.42%
Orafol Americas Inc. CT$88.9M · 0.07%
The Siemon Company CT$82.3M · 0.03%
Whitcraft LLC CT$75.4M · 0.21%
Ashcroft Inc. CT$75.4M · 0.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 060853042 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.