401k Record

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Raser Technologies 401(k)

Recordkeeping fees per participant · CYRQ Energy 401(k) Plan · plan year 2024

$104.00

Higher than 59% of the 14,075 plans $10 to 50M that report it.

Source

= $16,952 / 163
Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20250821182238NAL0002222019001, received 2025-08-21
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250821182238NAL0002222019001, received 2025-08-21

10th: $10.53median $83.9490th: $217.08

Percentiles compare this plan with the Schedule H plans $10 to 50M in assets of the same plan year, excluding final filings; shown only where at least 50 comparable plans report the figure. Plan year 2024-01-01 to 2024-12-31, filing received 2025-08-21.

Cost and contributions

Administrative expenses excluding investment management, per participant

$104.00

10th: $15.36median $118.8890th: $340.63

Higher than 44% of the 24,371 plans $10 to 50M that report it.

Source

= $16,952 / 163
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20250821182238NAL0002222019001, received 2025-08-21
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250821182238NAL0002222019001, received 2025-08-21

Administrative expenses per participant

$314.21

10th: $26.86median $197.2590th: $456.10

Higher than 74% of the 25,098 plans $10 to 50M that report it.

Source

= $51,216 / 163
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250821182238NAL0002222019001, received 2025-08-21
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250821182238NAL0002222019001, received 2025-08-21

Administrative expenses as a share of assets

0.407%

10th: 0.035%median 0.289%90th: 0.599%

Higher than 70% of the 25,132 plans $10 to 50M that report it.

Source

= $51,216 / $12,574,277
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250821182238NAL0002222019001, received 2025-08-21
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20250821182238NAL0002222019001, received 2025-08-21

Employer contributions per participant

$4,373

10th: $664median $2,07490th: $4,751

Higher than 88% of the 24,050 plans $10 to 50M that report it.

Source

= $712,725 / 163
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250821182238NAL0002222019001, received 2025-08-21
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250821182238NAL0002222019001, received 2025-08-21

Employer share of total contributions

36.7%

10th: 13.1%median 27.9%90th: 45.2%

Higher than 79% of the 24,084 plans $10 to 50M that report it.

Source

= $712,725 / $1,941,616
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250821182238NAL0002222019001, received 2025-08-21
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20250821182238NAL0002222019001, received 2025-08-21

Plan terms, as stated in Raser Technologies Inc's SEC filings

Plan terms are described in Raser Technologies Inc's SEC filings: Form 10-K filed 2011-04-15. No term could be quoted from them with the required precision.

Plan features

2E profit-sharing · 2F ERISA 404(c) plan · 2G fully participant-directed · 2J 401(k) feature · 2K 401(m) arrangement · 2T default investment (QDIA) · 3H controlled-group sponsor · 3D IRS pre-approved plan · Form 5500, line 8a; TYPE_PENSION_BNFT_CODE pos 81; filing 20250821182238NAL0002222019001, received 2025-08-21

Full record, CYRQ Energy 401(k) Plan

FieldValueSource
Plan sponsorCYRQ ENERGY, LLCForm 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20250821182238NAL0002222019001, received 2025-08-21
Plan nameCYRQ ENERGY 401(K) PLANForm 5500, line 1a; PLAN_NAME pos 16; filing 20250821182238NAL0002222019001, received 2025-08-21
Sponsor EIN / plan number87-0638510 / 001Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20250821182238NAL0002222019001, received 2025-08-21
Plan typesingle-employerForm 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20250821182238NAL0002222019001, received 2025-08-21
Sponsor locationSALT LAKE CITY, UTForm 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20250821182238NAL0002222019001, received 2025-08-21
Industry (business code)221100, UtilitiesForm 5500, line 2d; BUSINESS_CODE pos 46; filing 20250821182238NAL0002222019001, received 2025-08-21
Plan year2024-01-01 to 2024-12-31Form 5500, Part I plan year; FORM_PLAN_YEAR_BEGIN_DATE pos 2; filing 20250821182238NAL0002222019001, received 2025-08-21
Filing received2025-08-21Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20250821182238NAL0002222019001, received 2025-08-21
Final filingnoForm 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20250821182238NAL0002222019001, received 2025-08-21
Amended filingnoForm 5500, Part I line B; AMENDED_IND pos 7; filing 20250821182238NAL0002222019001, received 2025-08-21
Participants, beginning of year167Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20250821182238NAL0002222019001, received 2025-08-21
Active participants122Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20250821182238NAL0002222019001, received 2025-08-21
Participants, end of year179Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20250821182238NAL0002222019001, received 2025-08-21
Participants with an account balance163Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250821182238NAL0002222019001, received 2025-08-21
Total assets, beginning of year$10,892,961Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20250821182238NAL0002222019001, received 2025-08-21
Total assets, end of year$12,574,277Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20250821182238NAL0002222019001, received 2025-08-21
Net assets, end of year$12,574,277Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20250821182238NAL0002222019001, received 2025-08-21
Total income$3,366,991Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20250821182238NAL0002222019001, received 2025-08-21
Net income$1,681,316Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20250821182238NAL0002222019001, received 2025-08-21
Employer contributions$712,725Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250821182238NAL0002222019001, received 2025-08-21
Participant contributions$1,167,270Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20250821182238NAL0002222019001, received 2025-08-21
Other contributions (incl. rollovers)$61,621Schedule H, line 2a(1)(C); OTH_CONTRIB_RCVD_AMT pos 70; filing 20250821182238NAL0002222019001, received 2025-08-21
Total contributions$1,941,616Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20250821182238NAL0002222019001, received 2025-08-21
Benefit payments$1,634,459Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20250821182238NAL0002222019001, received 2025-08-21
Total expenses (incl. benefit payments)$1,685,675Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20250821182238NAL0002222019001, received 2025-08-21
Total administrative expenses$51,216Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250821182238NAL0002222019001, received 2025-08-21
Contract administrator fees$0Schedule H, line 2i(2); CONTRACT_ADMIN_FEES_AMT pos 106; filing 20250821182238NAL0002222019001, received 2025-08-21
Recordkeeping fees$16,952Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20250821182238NAL0002222019001, received 2025-08-21
IQPA audit fees$0Schedule H, line 2i(4); IQPA_AUDIT_FEES_AMT pos 161; filing 20250821182238NAL0002222019001, received 2025-08-21
Investment advisory and management fees$34,264Schedule H, line 2i(5); INVST_MGMT_FEES_AMT pos 107; filing 20250821182238NAL0002222019001, received 2025-08-21
Administrative expenses excluding investment management$16,952derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20250821182238NAL0002222019001, received 2025-08-21
Held in master trusts$0Schedule H, line 1c(11) col (b); INT_MASTER_TR_EOY_AMT pos 53; filing 20250821182238NAL0002222019001, received 2025-08-21
Held in common/collective trusts$0Schedule H, line 1c(9) col (b); INT_COMMON_TR_EOY_AMT pos 51; filing 20250821182238NAL0002222019001, received 2025-08-21
Held in mutual funds$12,000,255Schedule H, line 1c(13) col (b); INT_REG_INVST_CO_EOY_AMT pos 55; filing 20250821182238NAL0002222019001, received 2025-08-21
Independent auditorTANNER, LLCSchedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20250821182238NAL0002222019001, received 2025-08-21

Position = column in the DOL layout for form year 2024. Filing 20250821182238NAL0002222019001, received 2025-08-21.

Service providers paid directly by the plan

ProviderRelationshipService codesDirect compensationIndirect
WELLS FARGO CLEARING SERVICES LLCADVISOR 27 Investment advisory (plan) $27,729no
FIDELITY INVESTMENTS INSTITUTIONALrecordkeeperRECORDKEEPER 37 Participant loan processing; 64 Recordkeeping fees; 65 Account maintenance fees $16,952yes
STRATEGIC ADVISORS, INC.ADVISOR 27 Investment advisory (plan) $6,534no

Schedule C Part I line 2: name (a), service codes (b), relationship (c), direct compensation paid by the plan (d), indirect compensation received (e). Filing 20250821182238NAL0002222019001, received 2025-08-21.

What changed since the 2023 plan year

Figure20232024Change
Total assets$10,892,961$12,574,27715.4%
Participants with a balance14416313.2%
Administrative expenses$45,334$51,21613.0%
Recordkeeping fees per participant$100.50$104.003.5%
Employer contributions$631,977$712,72512.8%

Prior filing 20241011173018NAL0023334369001, received 2024-10-11; the plan years are contiguous.

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Sponsor name as filed: CYRQ ENERGY, LLC; SEC registrant: RASER TECHNOLOGIES INC (CIK 1103078, matched by EIN).