Plan Ledger DOL Form 5500 · updated monthly

Service Energy, LLC401(k)

SERVICE ENERGY, LLC COMBINED PROFIT SHARING PLAN · CHESWOLD, DE · plan year 2024

Reported admin expense ratio · 2024
0.60%

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

Service Energy, LLC reported $58,005 in plan administrative expenses for 2024: 0.60% of average plan assets, above the peer median. Employer contributions averaged $1,071 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 rose from 0.52% to 0.60%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Delaware (149th of 242), and 8,561st of 13,661 in manufacturing. In 2024, employees put in $2.35 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$10,496,441
Participants with balances108
Active participants267
Employer contributions$285,832
Employee contributions$670,992
Employer contribution per active participant$1,071
Average account balance$97,189
Benefits paid to participants$339,464
Plan auditUnmodified (clean) audit opinion
AuditorFAW CASSON & CO., LLP
Plan history3
Yearassets · accounts · employer contribution
2024$10.5M · 108 accts · $286K emplr
2023$8.9M · 256 accts · $254K emplr
2022$7.4M · 254 accts · $203K emplr
Administrative expenses, itemized · 2024
Investment management$58,005
Total administrative$58,005
The Service Energy, LLC 401(k) match · 2024
Employer contribution per active participant$1,071
Median for plans this size$1,313
2024$1,071 per active participant
2023$991 per active participant
2022$779 per active participant

Service Energy, LLC's 2024 employer contribution ran below the $1,313 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 · 20242
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$53,844
CAPITAL MANAGEMENT SERVICES INC. · Investment advisory (plan)indirect comp

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$58,005 · 0.60%
2023$46,142 · 0.57%
2022$39,299 · 0.52%
Same employer
Similar plansManufacturing · Delaware
Amerector, Inc. DE$15.9M · 0.45%
Covation Inc. DE$15.8M · 0.19%
Industrial Physics, Inc. DE$14.0M · 0.38%
Unique Fabricating Inc DE$13.6M · 0.32%
Zacros America, Inc DE$6.5M · 0.60%
Liveo Research, Inc. DE$5.9M · 0.54%
Fc Coating, LLC DE$5.7M · 0.08%
Choice Financial, Inc. DE$5.4M · 0.45%

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Source: U.S. Department of Labor, Form 5500 series, EIN 510328304 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.