Plan Ledger DOL Form 5500 · updated monthly

Proterra Powered LLC401(k)

PROTERRA POWERED LLC 401(K) PLAN · BURLINGAME, 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

Proterra Powered LLC reported $18,897 in plan administrative expenses for 2024: 0.10% of average plan assets, lower than ~75% of peers. Employer contributions averaged $3,133 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.

The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 3,895th-largest of 9,483 plans among California employers on file, and the 6,321st of 13,661 in manufacturing. In 2024, employees put in $1.76 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$18,064,250
Participants with balances475
Active participants453
Employer contributions$1,419,239
Employee contributions$2,496,582
Employer contribution per active participant$3,133
Average account balance$38,030
Benefits paid to participants$926,520
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$18,897
Total administrative$18,897
The Proterra Powered LLC 401(k) match · 2024
Employer contribution per active participant$3,133
Median for plans this size$2,416

Proterra Powered LLC's 2024 employer contribution ran above the $2,416 median for plans its size. 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
SENTINEL BENEFITS GROUP, LLC · Recordkeeping$18,926

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

Administrative cost history1
2024$18,897 · 0.10%
Same employer
Similar plansManufacturing · California
Saladinos, Inc. CA$18.3M · 0.21%
Swarco McCain, Inc. CA$18.2M · 0.44%
Lawrence Equipment, Inc. CA$18.1M · 0.19%
Getac, Inc. CA$18.1M · 0.05%
Supherb Farms CA$18.1M · 0.36%
O'Keeffe's, Inc. CA$18.1M · 0.75%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 934129563 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.