Plan Ledger DOL Form 5500 · updated monthly

United Energy Trading, LLC401(k)

UNITED ENERGY TRADING LLC 401K PROFIT SHARING PLAN · BISMARCK, ND · plan year 2024

Reported admin expense ratio · 2024
0.02%

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

United Energy Trading, LLC reported $7,284 in plan administrative expenses for 2024: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $8,516 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 0.00% to 0.02%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other utilities employers. By assets it is the 73rd-largest of 279 plans among North Dakota employers on file, and 216th of 412 in utilities. In 2024, employees put in $1.94 for every $1.00 the employer contributed; active participation has grown from 116 to 129 since 2022.

Plan summary
Net assets, end of year$34,750,023
Participants with balances145
Active participants129
Employer contributions$1,098,616
Employee contributions$2,131,503
Employer contribution per active participant$8,516
Average account balance$239,655
Benefits paid to participants$1,924,000
Plan auditUnmodified (clean) audit opinion
AuditorBRADY MARTZ
Plan history3
Yearassets · accounts · employer contribution
2024$34.8M · 145 accts · $1.1M emplr
2023$29.4M · 131 accts · $993K emplr
2022$24.5M · 125 accts · $830K emplr
Administrative expenses, itemized · 2024
Trustee / custodial$7,284
Total administrative$7,284
The United Energy Trading, LLC 401(k) match · 2024
Employer contribution per active participant$8,516
Median for plans this size$2,416
2024$8,516 per active participant
2023$8,143 per active participant
2022$7,157 per active participant

United Energy Trading, LLC's 2024 employer contribution ran above the $2,416 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20241
BNC NATIONAL BANK · Recordkeeping · Trustee$7,284

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

Recordkeeper by year2
2024BNC NATIONAL BANK
2023BNC NATIONAL BANK

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$7,284 · 0.02%
2023$1,600 · 0.01%
2022$540 · 0.00%
Similar plansUtilities · North Dakota
Otter Tail Corporation ND$411.1M · 0.09%
Talen Montana, LLC TX$35.4M · 0.15%

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Source: U.S. Department of Labor, Form 5500 series, EIN 371439798 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.