Plan Snapshot
- Plan Sponsor: Stored Energy Holdings, INC.
- Sponsor EIN: 472506272
- Sponsor Address: 489 WASHINGTON STREET, SUITE 102, AUBURN, MA, 01501
- Plan Type: 401(k)
- Total Participants: 88
- Total Assets: $5.0M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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 | 88 | $5.0M | $144,875 | $431,765 |
| 2023 | 89 | $4.6M | $130,179 | $423,947 |
| 2022 | 97 | $4.5M | $126,401 | $392,471 |
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 |
|---|---|---|---|---|
| STOWE & DEGON LLC | Auditor | $15,000 | — | $15,000 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- STOWE & DEGON LLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $15,000
- Estimated Expense Ratio: 0.302% 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 | $40,964 | $11,606 | $1,730 | $15,000 | — |
| 2023 | $27,178 | $9,901 | $5,878 | — | — |
| 2022 | $28,292 | $11,717 | $9,420 | — | $7,155 |