Onward Energy Management 401(k) match, vesting and fees
What Onward Energy Management's 401(k) plan says about matching contributions
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Recordkeeper | Principal Life Insurance Company | Schedule C ↗ |
| Independent auditor | Forvis Mazars, LLP (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
| Late participant contributions | Reported on the filing | Schedule H ↗ |
How the plan compares
Plan year 2024 medians for 289 defined-contribution plans in utilities with 100 to 499 participants.
| Onward Energy Management: employer contribution per participant | $7,533 | |
| Peer median | $3,629 |
| Onward Energy Management: average balance | $128,577 | |
| Peer median | $86,045 |
| Onward Energy Management: admin expenses ÷ assets | 0.19% | |
| Peer median | 0.26% |
Admin expenses are the plan's reported administrative expenses divided by its assets; they do not include fund expense ratios.
Plan history
Plan assets went from $20.4M at the end of plan year 2022 to $36.5M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 339 | $36.5M | $2.1M | $7,533 | 0.19% | Not published | Form 5500 ↗ |
| 2023 | 304 | $29.1M | $1.4M | $5,628 | 0.22% | Not published | Form 5500 ↗ |
| 2022 | 231 | $20.4M | $978K | $4,940 | 0.25% | Not published | Form 5500 ↗ |
Other Onward Energy Management plans (1)
Each plan files its own Form 5500. Figures are from each plan's latest filing.
Onward Energy 401(k) Retirement Savings Plan
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Recordkeeper | Principal Life Insurance Company | Schedule C ↗ |
| Independent auditor | Forvis Mazars, LLP (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
| Late participant contributions | Reported on the filing | Schedule H ↗ |
Common questions
Does Onward Energy Management match 401(k) contributions?
The match terms for the Onward Energy 401(k) Retirement Savings Plan have not been published from its filing yet. The plan year 2024 filing reports $2.1M in employer contributions, about $7,533 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Onward Energy Management 401(k) match vested?
The vesting schedule for the Onward Energy 401(k) Retirement Savings Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Onward Energy Management 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Principal Life Insurance Company. The plan administrator is Onward Energy Management, LLC.
I left Onward Energy Management. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Onward Energy Management, LLC, (303) 623-7300) or the recordkeeper, Principal Life Insurance Company. The Onward Energy Management old 401(k) page lists the contacts from every plan filing. Find an old Onward Energy Management 401(k)
Data from the public Form 5500 annual reports Onward Energy Management filed with the U.S. Department of Labor (plan years 2022 and 2023 and 2024) and, where noted, the attached independent auditor's report. Plan terms may have changed since the filing; check your current Summary Plan Description. PlanFacts is not affiliated with Onward Energy Management. Not financial advice. Report a correction · Methodology