Renew Energy, Inc.ESOP
RENEW ENERGY, INC. EMPLOYEE STOCK OWNERSHIP PLAN · SIOUX FALLS, SD · plan year 2024
Renew Energy, Inc.'s 2024 Form 5500 did not separately report plan administrative expenses, which is common where recordkeeping is paid through investment revenue-sharing or a master trust. The plan held $824,076 across 201 participant accounts. See methodology for what Form 5500 does and doesn't capture.
Across the 1 year on file its reported administrative ratio fell from 0.023% to 0.018%. The plan sits in the under $1M size bracket, benchmarked here against 1,109 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in South Dakota (228th of 233), and 5,146th of 5,337 in construction. active participation has shrunk from 137 to 94 since 2022.
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Source: U.S. Department of Labor, Form 5500 series, EIN 472654933 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.