Plan Ledger DOL Form 5500 · updated monthly

Just Energy (U.S.) Corp.401(k)

JUST ENERGY 401(K) PLAN · HOUSTON, TX · plan year 2024

Reported admin expense ratio · 2024
0.25%

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

Just Energy (U.S.) Corp. reported $69,631 in plan administrative expenses for 2024: 0.25% of average plan assets, below the peer median. Employer contributions averaged $2,420 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 0.38% to 0.25%. 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 1,590th-largest of 5,688 plans among Texas employers on file, and 234th of 412 in utilities. In 2024, employees put in $2.24 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$28,620,610
Participants with balances406
Active participants436
Employer contributions$1,055,041
Employee contributions$2,363,243
Employer contribution per active participant$2,420
Average account balance$70,494
Benefits paid to participants$4,638,246
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$28.6M · 406 accts · $1.1M emplr
2023$26.1M · 430 accts · $1.1M emplr
2022$20.6M · 410 accts · $1.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$43,595
Investment management$8,536
Audit (IQPA)$17,500
Total administrative$69,631
The Just Energy (U.S.) Corp. 401(k) match · 2024
Employer contribution per active participant$2,420
Median for plans this size$2,416
2024$2,420 per active participant
2023$2,350 per active participant
2022$2,255 per active participant

Just Energy (U.S.) Corp.'s 2024 employer contribution ran above the $2,416 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 · 20243
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$43,595
SMITH & HOWARD · Accounting / audit$17,500
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$8,536

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$69,631 · 0.25%
2023$85,714 · 0.37%
2022$83,153 · 0.38%
Same employer
Similar plansUtilities · Texas
Talen Montana, LLC TX$35.4M · 0.15%
Tidal Power Services, LLC TX$19.5M · 0.45%

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Source: U.S. Department of Labor, Form 5500 series, EIN 980404753 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.