Plan Ledger DOL Form 5500 · updated monthly

Greenskies Clean Energy401(k)

GREENSKIES 401(K) PLAN · NORTH HAVEN, CT · plan year 2024

Reported admin expense ratio · 2024
0.43%

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

Greenskies Clean Energy reported $30,548 in plan administrative expenses for 2024: 0.43% of average plan assets, below the peer median. Employer contributions averaged $4,648 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 0.58% to 0.43%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other utilities employers. By assets it is among the smaller plans on file in Connecticut (815th of 1,106), and 344th of 412 in utilities. In 2024, employees put in $2.01 for every $1.00 the employer contributed; active participation has grown from 87 to 110 since 2022.

Plan summary
Net assets, end of year$8,020,651
Participants with balances141
Active participants110
Employer contributions$511,272
Employee contributions$1,025,671
Employer contribution per active participant$4,648
Average account balance$56,884
Benefits paid to participants$637,797
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$8.0M · 141 accts · $511K emplr
2023$6.1M · 131 accts · $450K emplr
2022$4.4M · 117 accts · $378K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$225
Investment management$30,323
Total administrative$30,548
The Greenskies Clean Energy 401(k) match · 2024
Employer contribution per active participant$4,648
Median for plans this size$1,313
2024$4,648 per active participant
2023$4,637 per active participant
2022$4,341 per active participant

Greenskies Clean Energy'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 · 20241
BETTERMENT FOR BUSINESS, LLC · Investment advisory (plan)$30,548

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$30,548 · 0.43%
2023$31,114 · 0.59%
2022$26,129 · 0.58%
Same employer
Similar plansUtilities · Connecticut
SUNENERGY1 LLC CT$6.5M · 0.57%
Gamechange Solar Corp. CT$5.8M · 0.53%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 843943047 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.