Plan Snapshot
- Plan Sponsor: Albireo Energy, LLC
- Sponsor EIN: 352507715
- Sponsor Address: 3 ETHEL ROAD, SUITE 300, EDISON, NJ, 08817
- Plan Type: 401(k)
- Total Participants: 1,012
- Total Assets: $98.2M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 1,012 | $98.2M | $3.1M | $8.3M |
| 2023 | 1,055 | $82.5M | $2.0M | $7.3M |
| 2022 | 928 | $68.4M | $1.6M | $6.8M |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| DOEREN MAYHEW ASSURANCE | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- DOEREN MAYHEW ASSURANCE — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $239,716 | $34,281 | $189,226 | — | — |
| 2023 | $73,530 | — | $73,530 | — | — |
| 2022 | $58,215 | — | $58,215 | — | — |