Plan Snapshot
- Plan Sponsor: Eos Energy Storage LLC
- Sponsor EIN: 320256144
- Sponsor Address: 3920 PARK AVE, EDISON, NJ, 08820
- Plan Type: DC
- Total Participants: 473
- Total Assets: $10.7M
Key Plan Design Features
- Auto-Enrollment: No
- 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 | 473 | $10.7M | $1.3M | $2.7M |
| 2023 | 420 | $7.1M | $999,429 | $2.0M |
| 2022 | 331 | $4.3M | $810,947 | $1.5M |
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 |
|---|---|---|---|---|
| PRINCIPAL LIFE INSURANCE COMPANY | CONTRACT ADMINISTRATOR | $122,659 | — | $122,659 |
| GREEN RIDGE WEALTH PLANNING LLC | INVESTMENT ADVISORY | — | $42,413 | $42,413 |
| ACTUARIAL RETIREMENT SERVICES | CONTRACT ADMINISTRATOR | $34,499 | $3,718 | $38,217 |
| GROSSMAN YANAK & FORD LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- GROSSMAN YANAK & FORD LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $203,289
- Estimated Expense Ratio: 1.905% of plan assets
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 | $157,158 | — | $157,158 | — | — |
| 2023 | $104,174 | — | $104,174 | — | — |
| 2022 | $52,420 | — | $52,420 | — | — |