Plan Ledger DOL Form 5500 · updated monthly

Inspire Energy Holdings, LLCProfit-sharing plan

INSPIRE ENERGY HOLDINGS 401(K) RETIREMENT PLAN · SANTA MONICA, CA · plan year 2023

Reported admin expense ratio · 2023
0.04%

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

Inspire Energy Holdings, LLC reported $2,700 in plan administrative expenses for 2023: 0.04% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,020 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 22,307 comparable plans and shown alongside other utilities employers. By assets it is among the smaller plans on file in California (6,370th of 9,483), and 353rd of 412 in utilities. In 2023, employees put in $2.37 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$6,903,991
Participants with balances140
Active participants79
Employer contributions$159,604
Employee contributions$378,883
Employer contribution per active participant$2,020
Average account balance$49,314
Benefits paid to participants$474,800
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2024$0 · $330K emplr
2023$6.9M · 140 accts · $160K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$2,699
Investment management$1
Total administrative$2,700
Employer contributions to the Inspire Energy Holdings, LLC plan · 2023
Employer contribution per active participant$2,020
Median for plans this size$1,308

Inspire Energy Holdings, LLC's 2023 employer contribution ran above the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
EMPOWER ADVISORY GROUP, LLC · Investment management$1

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

Administrative cost history2
2024Not separately reported
2023$2,700 · 0.04%
Same employer
Similar plansUtilities · California
CLEANWATER1, Inc. CA$12.2M · 0.31%
Esjoule, LLC CA$8.5M · 0.04%

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Source: U.S. Department of Labor, Form 5500 series, EIN 462729472 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.