401k Record

Employers › Smart Wires Grid

Smart Wires Grid 401(k)

Recordkeeping fees per participant · Smart Wires Grid, Inc. 401(k) Plan · plan year 2024

$130.45

Higher than 71% of the 14,075 plans $10 to 50M that report it.

Source

= $12,523 / 96
Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20251218160105NAL0002774883001, received 2025-12-18
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251218160105NAL0002774883001, received 2025-12-18

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 2025-12-18.

Cost and contributions

Administrative expenses excluding investment management, per participant

$130.45

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

Higher than 54% of the 24,371 plans $10 to 50M that report it.

Source

= $12,523 / 96
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251218160105NAL0002774883001, received 2025-12-18
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251218160105NAL0002774883001, received 2025-12-18

Administrative expenses per participant

$380.10

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

Higher than 83% of the 25,098 plans $10 to 50M that report it.

Source

= $36,490 / 96
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251218160105NAL0002774883001, received 2025-12-18
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251218160105NAL0002774883001, received 2025-12-18

Administrative expenses as a share of assets

0.357%

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

Higher than 62% of the 25,132 plans $10 to 50M that report it.

Source

= $36,490 / $10,230,989
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251218160105NAL0002774883001, received 2025-12-18
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251218160105NAL0002774883001, received 2025-12-18

Employer contributions per participant

$3,752

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

Higher than 83% of the 24,050 plans $10 to 50M that report it.

Source

= $360,227 / 96
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251218160105NAL0002774883001, received 2025-12-18
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251218160105NAL0002774883001, received 2025-12-18

Employer share of total contributions

34.9%

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

Higher than 74% of the 24,084 plans $10 to 50M that report it.

Source

= $360,227 / $1,031,598
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251218160105NAL0002774883001, received 2025-12-18
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251218160105NAL0002774883001, received 2025-12-18

Plan terms, as stated in Smart Wires Grid, Inc.'s SEC filings

Plan terms are not published in public filings.

Plan features

2F ERISA 404(c) plan · 2G fully participant-directed · 2J 401(k) feature · 2K 401(m) arrangement · 2T default investment (QDIA) · 3D IRS pre-approved plan · 3H controlled-group sponsor · Form 5500, line 8a; TYPE_PENSION_BNFT_CODE pos 81; filing 20251218160105NAL0002774883001, received 2025-12-18

Full record, Smart Wires Grid, Inc. 401(k) Plan

FieldValueSource
Plan sponsorSMART WIRES GRID, INC.Form 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20251218160105NAL0002774883001, received 2025-12-18
Plan nameSMART WIRES GRID, INC. 401(K) PLANForm 5500, line 1a; PLAN_NAME pos 16; filing 20251218160105NAL0002774883001, received 2025-12-18
Sponsor EIN / plan number45-2167620 / 001Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20251218160105NAL0002774883001, received 2025-12-18
Plan typesingle-employerForm 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20251218160105NAL0002774883001, received 2025-12-18
Sponsor locationDURHAM, NCForm 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20251218160105NAL0002774883001, received 2025-12-18
Industry (business code)221100, UtilitiesForm 5500, line 2d; BUSINESS_CODE pos 46; filing 20251218160105NAL0002774883001, received 2025-12-18
Plan year2024-01-01 to 2024-12-31Form 5500, Part I plan year; FORM_PLAN_YEAR_BEGIN_DATE pos 2; filing 20251218160105NAL0002774883001, received 2025-12-18
Filing received2025-12-18Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20251218160105NAL0002774883001, received 2025-12-18
Final filingnoForm 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20251218160105NAL0002774883001, received 2025-12-18
Amended filingyesForm 5500, Part I line B; AMENDED_IND pos 7; filing 20251218160105NAL0002774883001, received 2025-12-18
Participants, beginning of year114Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20251218160105NAL0002774883001, received 2025-12-18
Active participants57Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20251218160105NAL0002774883001, received 2025-12-18
Participants, end of year109Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20251218160105NAL0002774883001, received 2025-12-18
Participants with an account balance96Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251218160105NAL0002774883001, received 2025-12-18
Total assets, beginning of year$8,783,364Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20251218160105NAL0002774883001, received 2025-12-18
Total assets, end of year$10,230,989Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251218160105NAL0002774883001, received 2025-12-18
Net assets, end of year$10,230,989Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20251218160105NAL0002774883001, received 2025-12-18
Total income$2,518,833Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20251218160105NAL0002774883001, received 2025-12-18
Net income$1,447,625Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20251218160105NAL0002774883001, received 2025-12-18
Employer contributions$360,227Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251218160105NAL0002774883001, received 2025-12-18
Participant contributions$671,371Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20251218160105NAL0002774883001, received 2025-12-18
Total contributions$1,031,598Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251218160105NAL0002774883001, received 2025-12-18
Benefit payments$1,030,980Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20251218160105NAL0002774883001, received 2025-12-18
Total expenses (incl. benefit payments)$1,071,208Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20251218160105NAL0002774883001, received 2025-12-18
Total administrative expenses$36,490Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251218160105NAL0002774883001, received 2025-12-18
Recordkeeping fees$12,523Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20251218160105NAL0002774883001, received 2025-12-18
Investment advisory and management fees$23,967Schedule H, line 2i(5); INVST_MGMT_FEES_AMT pos 107; filing 20251218160105NAL0002774883001, received 2025-12-18
Administrative expenses excluding investment management$12,523derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251218160105NAL0002774883001, received 2025-12-18
Held in common/collective trusts$118,968Schedule H, line 1c(9) col (b); INT_COMMON_TR_EOY_AMT pos 51; filing 20251218160105NAL0002774883001, received 2025-12-18
Held in mutual funds$9,984,659Schedule H, line 1c(13) col (b); INT_REG_INVST_CO_EOY_AMT pos 55; filing 20251218160105NAL0002774883001, received 2025-12-18
Independent auditorELLIOTT GROUP CPAS, PLLCSchedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20251218160105NAL0002774883001, received 2025-12-18

Position = column in the DOL layout for form year 2024. Filing 20251218160105NAL0002774883001, received 2025-12-18.

Service providers paid directly by the plan

ProviderRelationshipService codesDirect compensationIndirect
COMPERIO RETIREMENT CONSULTING, INCINVESTMENT ADVISOR 27 Investment advisory (plan) $23,967no
EMPOWER ANNUITY INSURANCE COMPANYrecordkeeperRECORDKEEPER 64 Recordkeeping fees; 99 Other fees $12,523yes

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 20251218160105NAL0002774883001, received 2025-12-18.

What changed since the 2023 plan year

Figure20232024Change
Total assets$8,783,364$10,230,98916.5%
Participants with a balance10796-10.3%
Administrative expenses$35,700$36,4902.2%
Recordkeeping fees per participant$127.41$130.452.4%
Employer contributions$479,171$360,227-24.8%

Prior filing 20251218145832NAL0007857328001, received 2025-12-18; the plan years are contiguous.

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Sponsor name as filed: SMART WIRES GRID, INC.; SEC registrant: SMART WIRES INC. (CIK 1531223, matched by EIN).