Plan Ledger DOL Form 5500 · updated monthly

Orsted North America Inc.401(k)

ORSTED NORTH AMERICA INC. 401(K) PLAN · BOSTON, MA · plan year 2025

Reported admin expense ratio · 2025
0.22%

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

Orsted North America Inc. reported $167,637 in plan administrative expenses for 2025: 0.22% of average plan assets, higher than ~75% of peers. Employer contributions averaged $8,044 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 3 years on file its reported administrative ratio fell from 0.25% to 0.22%. The plan sits in the $50M–$250M size bracket, benchmarked here against 605 comparable plans and shown alongside other manufacturing employers. By assets it is the 472nd-largest of 2,726 plans among Massachusetts employers on file, and the 2,108th of 13,661 in manufacturing. In 2025, employees put in $1.93 for every $1.00 the employer contributed; active participation has grown from 376 to 626 since 2022.

Plan summary
Net assets, end of year$86,810,995
Participants with balances833
Active participants626
Employer contributions$5,035,357
Employee contributions$9,707,712
Employer contribution per active participant$8,044
Average account balance$104,215
Benefits paid to participants$8,309,787
Plan auditUnmodified (clean) audit opinion
Plan history4
Yearassets · accounts · employer contribution
2025$86.8M · 833 accts · $5.0M emplr
2024$64.6M · 854 accts · $4.9M emplr
2023$47.2M · 802 accts · $4.7M emplr
2022$26.7M · 421 accts · $2.2M emplr
Administrative expenses, itemized · 2025
Recordkeeping & contract admin$115,357
Investment management$25,454
Audit (IQPA)$13,900
Total administrative$167,637
The Orsted North America Inc. 401(k) match · 2025
Employer contribution per active participant$8,044
Median for plans this size$4,093
2025$8,044 per active participant
2024$6,940 per active participant
2023$6,185 per active participant
2022$5,968 per active participant

Orsted North America Inc.'s 2025 employer contribution ran above the $4,093 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 2025 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20253
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$114,857
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$25,454
CARON & BLETZER, PLLC · Accounting / audit · Consulting$13,900

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

Administrative cost history4
2025$167,637 · 0.22%
2024$139,785 · 0.25%
2023$89,885 · 0.24%
2022$45,022 · 0.25%
Same employer
Similar plansManufacturing · Massachusetts
Harvey Industries, LLC MA$89.1M · 0.36%
Symbotic LLC MA$88.9M · 0.33%
New England Controls, Inc. MA$88.6M · 0.00%
Repligen Corporation MA$86.6M · 0.02%
Continental Resources, Inc. MA$86.3M · 0.12%
Neles USA Inc. MA$79.0M · 0.09%

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Source: U.S. Department of Labor, Form 5500 series, EIN 320464144 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.