Plan Ledger DOL Form 5500 · updated monthly

Gridhawk LLC401(k)

GRIDHAWK 401(K) PLAN · CROWN POINT, IN · plan year 2024

Reported admin expense ratio · 2024
1.61%

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

Gridhawk LLC reported $74,205 in plan administrative expenses for 2024: 1.61% of average plan assets, higher than ~90% of peers. Employer contributions averaged $682 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.

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 Indiana (1,121st of 1,562), and 368th of 412 in utilities. In 2024, employees put in $1.49 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$5,654,908
Participants with balances522
Active participants1,216
Employer contributions$829,746
Employee contributions$1,238,910
Employer contribution per active participant$682
Average account balance$10,833
Benefits paid to participants$815,278
Plan auditUnmodified (clean) audit opinion
AuditorEEPB
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$66,293
Investment management$7,912
Total administrative$74,205
The Gridhawk LLC 401(k) match · 2024
Employer contribution per active participant$682
Median for plans this size$1,313

Gridhawk LLC's 2024 employer contribution ran below the $1,313 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 · 20244
EMPOWER ADVISORY GROUP, LLC · Investment management$6,988
TOWERS WATSON INVESTMENT SERVICES · Investment advisory (plan)$924
KESTRA INVESTMENT SERVICES LLCindirect comp

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

Administrative cost history1
2024$74,205 · 1.61%
Similar plansUtilities · Indiana
Waste-Away Group, LTD IN$13.4M · 0.72%
Peerless Midwest, Inc. IN$11.4M · 0.37%
Himes Holdings, Inc. IN$8.5M · 0.52%
Sunworks, Inc. DE$5.9M · 1.08%
Gamechange Solar Corp. CT$5.8M · 0.53%

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Source: U.S. Department of Labor, Form 5500 series, EIN 841916673 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.