Plan Ledger DOL Form 5500 · updated monthly

Stored Energy Holdings, Inc.401(k)

STORED ENERGY HOLDINGS 401(K) PLAN · AUBURN, MA · plan year 2024

Reported admin expense ratio · 2024
0.86%

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

Stored Energy Holdings, Inc. reported $40,964 in plan administrative expenses for 2024: 0.86% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,646 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 0.58% to 0.86%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in Massachusetts (2,312th of 2,726), and 3,775th of 5,215 in retail trade. In 2024, employees put in $2.98 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$4,973,269
Participants with balances109
Active participants88
Employer contributions$144,875
Employee contributions$431,765
Employer contribution per active participant$1,646
Average account balance$45,626
Benefits paid to participants$811,341
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$5.0M · 109 accts · $145K emplr
2023$4.6M · 104 accts · $130K emplr
2022$4.5M · 121 accts · $126K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$14,358
Investment management$11,606
Audit (IQPA)$15,000
Total administrative$40,964
The Stored Energy Holdings, Inc. 401(k) match · 2024
Employer contribution per active participant$1,646
Median for plans this size$1,313
2024$1,646 per active participant
2023$1,463 per active participant
2022$1,303 per active participant

Stored Energy Holdings, Inc.'s 2024 employer contribution ran above 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 · 20243
STOWE & DEGON, LLC · Accounting / audit$15,000
CAPITAL GROUP RET. PLAN SVC.$13,078
CREATIVE PLANNING LLC · Investment advisory (plan)$9,044

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$40,964 · 0.86%
2023$27,178 · 0.60%
2022$28,292 · 0.58%
Similar plansRetail Trade · Massachusetts
Work'n Gear LLC MA$5.6M · 0.64%
Arocam Inc MA$5.3M · 0.84%
Yankee Spirits, Inc. MA$5.2M · 1.07%
Sullivan Brothers Car Co. MA$5.0M · 0.44%
Mascorp Management Corp. MA$4.8M · 0.12%
Route 24 Auto Group MA$4.8M · 1.06%
Stavvy, Inc. MA$4.6M · 0.10%
Campbell Bewley, Inc. MA$4.5M · 0.34%

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Source: U.S. Department of Labor, Form 5500 series, EIN 472506272 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.