Plan Ledger DOL Form 5500 · updated monthly

Pjm Interconnection L.L.C.401(k)

SAVINGS PLAN OF PJM INTERCONNECTION, L.L.C. · AUDUBON, PA · plan year 2024

Reported admin expense ratio · 2024
0.02%

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

Pjm Interconnection L.L.C. reported $77,979 in plan administrative expenses for 2024: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $10,902 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 0.06% to 0.02%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other utilities employers. By assets it is the 151st-largest of 3,651 plans among Pennsylvania employers on file, and the 64th of 412 in utilities. In 2024, employees put in $1.44 for every $1.00 the employer contributed; active participation has grown from 794 to 885 since 2022.

Plan summary
Net assets, end of year$498,101,711
Participants with balances1,050
Active participants885
Employer contributions$9,648,450
Employee contributions$13,941,836
Employer contribution per active participant$10,902
Average account balance$474,383
Benefits paid to participants$28,634,775
Plan auditUnmodified (clean) audit opinion
AuditorURISH POPECK & CO., LLC
Plan history3
Yearassets · accounts · employer contribution
2024$498.1M · 1,050 accts · $9.6M emplr
2023$413.9M · 1,018 accts · $8.2M emplr
2022$333.5M · 984 accts · $7.4M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$77,979
Total administrative$77,979
The Pjm Interconnection L.L.C. 401(k) match · 2024
Employer contribution per active participant$10,902
Median for plans this size$4,294
2024$10,902 per active participant
2023$9,897 per active participant
2022$9,311 per active participant

Pjm Interconnection L.L.C.'s 2024 employer contribution ran above the $4,294 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 · 20241
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$77,979

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$77,979 · 0.02%
2023$117,529 · 0.03%
2022$239,033 · 0.06%
Same employer
Similar plansUtilities · Pennsylvania
Ugi Utilities, Inc. PA$713.8M · 0.05%
Essential Utilities, Inc. PA$623.5M · 0.15%
Ppl Services Corporation PA$617.8M · 0.00%
Duquesne Light Company PA$210.7M · 0.10%
Quench USA, Inc PA$43.5M · 0.30%
Pennenergy Resources, LLC PA$27.3M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 232896884 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.