Plan Ledger DOL Form 5500 · updated monthly

Pivot Energy, Inc.401(k)

PIVOT ENERGY, INC. 401(K) PLAN · DENVER, CO · plan year 2024

Reported admin expense ratio · 2024
0.57%

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

Pivot Energy, Inc. reported $46,596 in plan administrative expenses for 2024: 0.57% of average plan assets, above the peer median. Employer contributions averaged $6,212 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 1 year on file its reported administrative ratio rose from 0.27% to 0.57%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other utilities employers. By assets it is among the smaller plans on file in Colorado (775th of 1,461), and 318th of 412 in utilities. In 2024, employees put in $1.68 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$10,317,732
Participants with balances186
Active participants187
Employer contributions$1,161,699
Employee contributions$1,946,177
Employer contribution per active participant$6,212
Average account balance$55,472
Benefits paid to participants$234,153
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2024$10.3M · 186 accts · $1.2M emplr
2023$6.1M · 153 accts · $812K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$46,596
Total administrative$46,596
The Pivot Energy, Inc. 401(k) match · 2024
Employer contribution per active participant$6,212
Median for plans this size$1,313
2024$6,212 per active participant
2023$4,980 per active participant

Pivot Energy, Inc.'s 2024 employer contribution ran above the $1,313 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 · 20243
USI SECURITIES · Investment advisory (plan)$19,814
EMPOWER ADVISORY GROUP, LLC · Investment management$6,614

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

Administrative cost history2
2024$46,596 · 0.57%
2023$16,312 · 0.27%
Same employer
Similar plansUtilities · Colorado
United Power, Inc. CO$34.1M · 0.25%
Arcadia Power CO$19.4M · 0.22%
City Light & Power, Inc. CO$16.8M · 0.34%
Metron Farnier, LLC CO$1.6M · 0.27%
Forbes Bros. USA, Inc. CO$1.3M · 1.49%

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Source: U.S. Department of Labor, Form 5500 series, EIN 863586840 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.