Plan Ledger DOL Form 5500 · updated monthly

Montauk Energy Holdings, LLC401(k)

MONTAUK ENERGY HOLDINGS, LLC 401(K) PROFIT SHARING PLAN TRUST · PITTSBURGH, PA · plan year 2024

Reported admin expense ratio · 2024
0.62%

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

Montauk Energy Holdings, LLC reported $82,606 in plan administrative expenses for 2024: 0.62% of average plan assets, higher than ~75% of peers. Employer contributions averaged $6,645 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 0.53% to 0.62%. 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 among the smaller plans on file in Pennsylvania (1,921st of 3,651), and 289th of 412 in utilities. In 2024, employees put in $1.40 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$14,146,634
Participants with balances144
Active participants121
Employer contributions$804,104
Employee contributions$1,128,843
Employer contribution per active participant$6,645
Average account balance$98,241
Benefits paid to participants$1,743,921
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$14.1M · 144 accts · $804K emplr
2023$12.3M · 169 accts · $604K emplr
2022$10.7M · 159 accts · $576K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$42,940
Investment management$39,666
Total administrative$82,606
The Montauk Energy Holdings, LLC 401(k) match · 2024
Employer contribution per active participant$6,645
Median for plans this size$2,416
2024$6,645 per active participant
2023$4,135 per active participant
2022$4,330 per active participant

Montauk Energy Holdings, 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 · 20244
MERRILL LYNCH PIERCE FENNER & SMITH · Investment advisory (plan)$31,881
BAKER TILLY US, LLP · Accounting / audit$13,230
EMPOWER ADVISORY GROUP, LLC · Investment management$7,785

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$82,606 · 0.62%
2023$68,580 · 0.60%
2022$60,870 · 0.53%
Same employer
Similar plansUtilities · Pennsylvania
Duquesne Light Company PA$210.7M · 0.10%
Quench USA, Inc PA$43.5M · 0.30%
Pennenergy Resources, LLC PA$27.3M · 0.01%
The York Water Company PA$16.5M · 0.38%
D & M Contracting, Inc. PA$9.0M · 0.75%
Ken L. Pollock, Inc. PA$3.9M · 0.39%

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Source: U.S. Department of Labor, Form 5500 series, EIN 320325360 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.