Plan Ledger DOL Form 5500 · updated monthly

Rwece Clean Energy, Inc401(k)

CLEAN ENERGY BUSINESS 401(K) PLAN · VALHALLA, NY · plan year 2023

Reported admin expense ratio · 2023
0.03%

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

Rwece Clean Energy, Inc reported $14,446 in plan administrative expenses for 2023: 0.03% of average plan assets, lower than ~75% of peers. Employer contributions averaged $9,334 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 $50M–$250M size bracket, benchmarked here against 9,317 comparable plans and shown alongside other management of companies employers. By assets it is the 1,361st-largest of 5,648 plans among New York employers on file, and the 277th of 786 in management of companies. In 2023, employees put in $1.20 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$50,308,815
Participants with balances471
Active participants449
Employer contributions$4,191,102
Employee contributions$5,024,278
Employer contribution per active participant$9,334
Average account balance$106,813
Benefits paid to participants$523,260
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$14,446
Total administrative$14,446
The Rwece Clean Energy, Inc 401(k) match · 2023
Employer contribution per active participant$9,334
Median for plans this size$3,659

Rwece Clean Energy, Inc's 2023 employer contribution ran above the $3,659 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20231
THE VANGUARD GROUP, INC. · Loan processing · Recordkeeping$14,446

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

Administrative cost history1
2023$14,446 · 0.03%
Same employer
Similar plansManagement of Companies · New York
Prestige Services Corp. NY$78.6M · 0.03%
Rxr Realty LLC NY$52.7M · 0.20%
Allied Irish Banks, P.L.C. NY$51.4M · 0.06%
Mirobito Holdings, Inc. NY$50.4M · 0.24%
Fresh Direct Holdings, Inc. NY$45.6M · 0.92%
Corfin Holdings, Inc. NY$41.8M · 0.40%
Newtekone, Inc. NY$41.6M · 0.36%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 814497384 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.