Plan Ledger DOL Form 5500 · updated monthly

Pattern Energy Group Services LP401(k)

PATTERN ENERGY GROUP 401(K) PLAN · SAN FRANCISCO, CA · plan year 2024

Reported admin expense ratio · 2024
0.10%

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

Pattern Energy Group Services LP reported $124,081 in plan administrative expenses for 2024: 0.10% of average plan assets, below the peer median. Employer contributions averaged $6,753 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 0.14% to 0.10%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other utilities employers. By assets it is the 805th-largest of 9,483 plans among California employers on file, and the 118th of 412 in utilities. In 2024, employees put in $2.05 for every $1.00 the employer contributed; active participation has grown from 478 to 827 since 2022.

Plan summary
Net assets, end of year$130,780,069
Participants with balances999
Active participants827
Employer contributions$5,585,134
Employee contributions$11,470,206
Employer contribution per active participant$6,753
Average account balance$130,911
Benefits paid to participants$11,433,972
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$130.8M · 999 accts · $5.6M emplr
2023$106.4M · 917 accts · $4.7M emplr
2022$80.6M · 596 accts · $3.0M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$62,857
Investment management$61,224
Total administrative$124,081
The Pattern Energy Group Services LP 401(k) match · 2024
Employer contribution per active participant$6,753
Median for plans this size$3,635
2024$6,753 per active participant
2023$5,973 per active participant
2022$6,245 per active participant

Pattern Energy Group Services LP's 2024 employer contribution ran above the $3,635 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
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$62,857
NEWFRONT RETIREMENT SERVICES INC · Investment advisory (plan)$61,224

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$124,081 · 0.10%
2023$129,213 · 0.14%
2022$121,882 · 0.14%
Same employer
Similar plansUtilities · California
Golden State Water Company CA$209.7M · 0.20%
Clearway Energy Group LLC CA$151.2M · 0.13%
San Jose Water Company CA$135.3M · 0.04%
Edf Renewables CA$123.2M · 0.12%
Clean Energy CA$75.9M · 0.13%

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Source: U.S. Department of Labor, Form 5500 series, EIN 844046110 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.