Plan Ledger DOL Form 5500 · updated monthly

Lightsource Renewable Energy US, LLC401(k)

LIGHTSOURCE RENEWABLE ENERGY US LLC 401(K) PLAN · SAN FRANCISCO, CA · plan year 2024

Reported admin expense ratio · 2024
0.09%

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

Lightsource Renewable Energy US, LLC reported $20,631 in plan administrative expenses for 2024: 0.09% of average plan assets, lower than ~75% of peers. Employer contributions averaged $6,340 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 rose from 0.06% to 0.09%. 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 2,918th-largest of 9,483 plans among California employers on file, and 240th of 412 in utilities. In 2024, employees put in $2.33 for every $1.00 the employer contributed; active participation has grown from 229 to 279 since 2022.

Plan summary
Net assets, end of year$26,822,039
Participants with balances347
Active participants279
Employer contributions$1,768,985
Employee contributions$4,128,331
Employer contribution per active participant$6,340
Average account balance$77,297
Benefits paid to participants$2,782,322
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$26.8M · 347 accts · $1.8M emplr
2023$19.4M · 343 accts · $1.6M emplr
2022$10.6M · 281 accts · $1.0M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$2,376
Investment management$18,255
Total administrative$20,631
The Lightsource Renewable Energy US, LLC 401(k) match · 2024
Employer contribution per active participant$6,340
Median for plans this size$2,416
2024$6,340 per active participant
2023$5,566 per active participant
2022$4,425 per active participant

Lightsource Renewable Energy US, 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 · 20242
GUIDELINE, INC. · Plan administrator · Recordkeeping$18,636
BENEFIT TRUST COMPANY · Custodial · Custodial (securities)indirect comp

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

Recordkeeper by year2
2024Guideline
2023Guideline

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Administrative cost history3
2024$20,631 · 0.09%
2023$12,551 · 0.08%
2022$5,492 · 0.06%
Same employer
Similar plansUtilities · California
Clean Energy CA$75.9M · 0.13%
Borrego Energy, LLC CA$27.5M · 0.26%
Tesco Controls, LLC CA$14.0M · 0.04%

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Source: U.S. Department of Labor, Form 5500 series, EIN 815029197 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.