Plan Ledger DOL Form 5500 · updated monthly

Pennenergy Resources, LLC401(k)

PENNENERGY RESOURCES, LLC 401(K) PLAN · CRANBERRY TOWNSHIP, PA · plan year 2024

Reported admin expense ratio · 2024
0.01%

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

Pennenergy Resources, LLC reported $3,194 in plan administrative expenses for 2024: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $9,597 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 0.014% to 0.013%. 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 1,265th-largest of 3,651 plans among Pennsylvania employers on file, and 239th of 412 in utilities. In 2024, employees put in $1.37 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$27,313,494
Participants with balances145
Active participants127
Employer contributions$1,218,849
Employee contributions$1,664,728
Employer contribution per active participant$9,597
Average account balance$188,369
Benefits paid to participants$2,220,423
Plan auditDisclaimer of opinion
AuditorRUZOMBERKA HOLLAND SMITH, INC
Plan history3
Yearassets · accounts · employer contribution
2024$27.3M · 145 accts · $1.2M emplr
2023$23.5M · 139 accts · $1.1M emplr
2022$17.6M · 144 accts · $1.0M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$3,194
Total administrative$3,194
The Pennenergy Resources, LLC 401(k) match · 2024
Employer contribution per active participant$9,597
Median for plans this size$2,416
2024$9,597 per active participant
2023$9,188 per active participant
2022$8,466 per active participant

Pennenergy Resources, 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.

Administrative cost history3
2024$3,194 · 0.01%
2023$2,230 · 0.01%
2022$2,473 · 0.01%
Same employer
Similar plansUtilities · Pennsylvania
Pjm Interconnection L.L.C. PA$498.1M · 0.02%
Duquesne Light Company PA$210.7M · 0.10%
Quench USA, Inc PA$43.5M · 0.30%
The York Water Company PA$16.5M · 0.38%
D & M Contracting, Inc. PA$9.0M · 0.75%

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Source: U.S. Department of Labor, Form 5500 series, EIN 452673440 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.