Plan Ledger DOL Form 5500 · updated monthly

Ies Downsteam LLC401(k)

IES DOWNSTREAM LLC 401(K) PLAN · KAPOLEI, HI · plan year 2024

Reported admin expense ratio · 2024
0.05%

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

Ies Downsteam LLC reported $13,580 in plan administrative expenses for 2024: 0.05% of average plan assets, lower than ~75% of peers. Employer contributions averaged $10,572 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 0.05%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other utilities employers. By assets it is the 76th-largest of 269 plans among Hawaii employers on file, and 222nd of 412 in utilities. In 2024, employees put in $1.06 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$32,619,675
Participants with balances209
Active participants140
Employer contributions$1,480,060
Employee contributions$1,566,244
Employer contribution per active participant$10,572
Average account balance$156,075
Benefits paid to participants$2,214,218
Plan auditUnmodified (clean) audit opinion
AuditorKHM LLP
Plan history3
Yearassets · accounts · employer contribution
2024$32.6M · 209 accts · $1.5M emplr
2023$27.7M · 214 accts · $1.4M emplr
2022$24.3M · 223 accts · $1.3M emplr
The Ies Downsteam LLC 401(k) match · 2024
Employer contribution per active participant$10,572
Median for plans this size$2,416
2024$10,572 per active participant
2023$10,000 per active participant
2022$9,931 per active participant

Ies Downsteam LLC's 2024 employer contribution ran above the $2,416 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
THE VANGUARD GROUP, INC. · Recordkeeping · Trustee (directed)$15,180

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

Recordkeeper by year2
2024Vanguard
2023Vanguard

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$13,580 · 0.05%
2023$14,711 · 0.06%
2022$17,351 · 0.06%
Similar plansUtilities · Hawaii
The Gas Company, LLC HI$64.8M · 0.05%
Ever Green Energy, Inc. MN$32.7M · 0.19%
Holston Gases, Inc. TN$31.1M · 0.77%
Longview Power, LLC WV$30.9M · 0.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 812666260 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.