Plan Ledger DOL Form 5500 · updated monthly

Longroad Energy Management LLC401(k)

LONGROAD ENERGY 401(K) PLAN · BOSTON, MA · plan year 2024

Reported admin expense ratio · 2024
0.02%

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

Longroad Energy Management LLC reported $3,425 in plan administrative expenses for 2024: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $6,363 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 0.01% to 0.02%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other management of companies employers. By assets it is the 1,099th-largest of 2,726 plans among Massachusetts employers on file, and the 389th of 786 in management of companies. In 2024, employees put in $2.06 for every $1.00 the employer contributed; active participation has grown from 153 to 191 since 2022.

Plan summary
Net assets, end of year$26,465,270
Participants with balances224
Active participants191
Employer contributions$1,215,263
Employee contributions$2,507,344
Employer contribution per active participant$6,363
Average account balance$118,149
Benefits paid to participants$558,334
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$26.5M · 224 accts · $1.2M emplr
2023$19.2M · 206 accts · $1.0M emplr
2022$13.1M · 186 accts · $856K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$3,425
Total administrative$3,425
The Longroad Energy Management LLC 401(k) match · 2024
Employer contribution per active participant$6,363
Median for plans this size$2,416
2024$6,363 per active participant
2023$5,876 per active participant
2022$5,596 per active participant

Longroad Energy Management 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
THE VANGUARD GROUP INC · Loan processing$3,475
ALLIANT INSURANCE SERVICES,INC · Contract administrator$3,085

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$3,425 · 0.02%
2023$1,565 · 0.01%
2022$1,004 · 0.01%
Same employer
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Source: U.S. Department of Labor, Form 5500 series, EIN 320495103 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.