Plan Ledger DOL Form 5500 · updated monthly

The Energy Federation, Inc.401(k)

ENERGY FEDERATION, INC. SAVINGS PLAN · MARLBOROUGH, MA · plan year 2022

Reported admin expense ratio · 2022
0.61%

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

The Energy Federation, Inc. reported $46,266 in plan administrative expenses for 2022: 0.61% of average plan assets, above the peer median. Employer contributions averaged $1,270 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 1 year on file its reported administrative ratio rose from 0.61% to 0.64%. The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other other services employers. By assets it is among the smaller plans on file in Massachusetts (2,166th of 2,726), and 2,051st of 3,341 in other services. In 2022, employees put in $5.46 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$6,786,737
Participants with balances158
Active participants92
Employer contributions$116,802
Employee contributions$638,257
Employer contribution per active participant$1,270
Average account balance$42,954
Benefits paid to participants$778,556
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$0 · $42K emplr
2023$6.4M · 123 accts · $93K emplr
2022$6.8M · 158 accts · $117K emplr
The The Energy Federation, Inc. 401(k) match · 2022
Employer contribution per active participant$1,270
Median for plans this size$1,114
2023$2,151 per active participant
2022$1,270 per active participant

The Energy Federation, Inc.'s 2022 employer contribution ran above the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history3
2024Not separately reported
2023$42,432 · 0.64%
2022$46,266 · 0.61%
Similar plansOther Services · Massachusetts
Cape Abilities, Inc. MA$7.3M · 0.01%
The Davis Companies, Inc. MA$7.2M · 0.21%
The Charles River Center MA$6.8M · 0.61%
Wayne Alarm Systems, Inc. MA$6.6M · 0.01%
Campion Center Inc. MA$6.0M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 042790398 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.