# Mainspring Energy, INC. DC Plan
Source: https://planprovider.pro/companies/mainspring-energy-inc-plan

> Mainspring Energy, INC.&#39;s DC plan: 475 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Mainspring Energy, INC.

- **Sponsor EIN:** 272430529

- **Sponsor Address:** 3601 HAVEN AVENUE, MENLO PARK, CA, 94025

- **Plan Type:** DC

- **Total Participants:** 475

- **Total Assets:** $23.0M

## 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|475|$23.0M|$0|$4.2M|

| 2023|386|$15.4M|$0|$3.5M|

| 2022|326|$9.4M|$0|$2.6M|

## 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|

| PENSIONMARK FINANCIAL GROUP, LLC|INVESTMENT/FINANCIAL ADVI|$45,374|—|$45,374|

| WEAVER & TIDWELL LLP|Auditor|—|—|$0|

## Plan Fees & Expenses

Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.

- **Total Service Provider Fees:** $45,374

- **Estimated Expense Ratio:** 0.197% 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|$48,099|$45,375|—|—|—|

| 2023|$30,347|$28,434|—|—|—|

| 2022|$22,796|—|—|—|—|

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