401(k) · DOL Form 5500 · 2024

Boralex Hydro Operations, Inc. 401(k) Plan

Data updated 2026-08-25

$6M
Total assets Small plan by assets: 50
Participants Small participant base: 44th
Percentile by assets National rank: $111,285
Avg per participant Below avg balance/head

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Official DOL plan name: Boralex US Operations 401(k) Plan · Sponsored by Boralex Hydro Operations, Inc. · New York · Utilities

$6M in assets, 50 participants

Boralex Hydro Operations, Inc.'s Boralex US Operations 401(k) Plan reported $6M in total assets and 50 participants in its 2024 DOL Form 5500 filing, ranking in the 44th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

#121 in Utilities (732 peers)

Utilities sector rank

Within Utilities, Boralex US Operations 401(k) Plan ranks #121 of 732 2024 filers by assets (9650% of the sector average)-$6M for 50 participants.

#121
in Utilities (732 peers): +26.4%
assets growth YoY

Boralex US Operations 401(k) Plan's mid-pack asset rank among Utilities and all filers

Boralex US Operations 401(k) Plan vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$5,564,247 44th percentile higher than 44% of 123,620 filed plans

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024

Boralex US Operations 401(k) Plan among smaller filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Boralex US Operations 401(k) Plan is a small filing (50 participants) on this national headcount ladder.

Micro (1-10) 33,766 filings (27%) Small (11-100) 26,107 filings (21%) Medium (101-1,000) 54,251 filings (43%) Large (1,001-10,000) 10,349 filings (8%) Mega (10,000+) 1,399 filings (1%)

Boralex US Operations 401(k) Plan reported participants rose from 38 in the plan year 2023 filing to 50 in the plan year 2024 filing.
Boralex US Operations 401(k) Plan reported net income fell from $2M in the plan year 2023 filing to $1M in the plan year 2024 filing.
Boralex US Operations 401(k) Plan end-of-year assets rose from $4M in the plan year 2023 filing to $6M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 113702639 · Boralex Hydro Operations, Inc. PY 2024 · 401(k)

Boralex US Operations 401(k) Plan · $6M · 50 · 44th

BOY $6M
BOY 50
BOY 44th
BOY 401(k)
BOY near Artur Express Inc. 401(k) Plan
BOY ind #121

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Utilities retirement plans → · Plans in New York →

End-of-year total assets ($M) among Boralex US Operations 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Utilities filing particulars

Total Assets (Beginning of Year)	$4M
Net Assets (End of Year)	$6M
Net Income	$1M
Employer EIN	113702639
Plan Effective Date	2023-01-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Boralex Hydro Operations, Inc.)

Latest sponsor-wide plan assets: $6M 26.416085846434445% vs 2023; 2024 filing year

Year	Plans	Participants	Total Assets
2023	1	38	$4M
2024	1	50	$6M

Nearby 401(k) Plans in New York

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Boralex US Operations 401(k) Plan vs. nearby 401(k) plans in New York, assets vs. participants

IBM 401(k) Plan $60.4B · 52,674
Morgan Stanley 401(k) Plan $22.2B · 53,860
Pfizer Savings Plan $22.0B · 33,309
The Pepsico Savings Plan $14.9B · 137,398
The Goldman Sachs 401(k) Plan $12.8B · 23,227

Compare Boralex US Operations 401(k) Plan side-by-side with 3 peers →

Boralex US Operations 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside New York, the nearest 401(k) by assets is Artur Express Inc. 401(k) Plan in MO ($6M); by covered participants it is Advata 401(k) Plan in TX (50 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($6M here).

Artur Express Inc. 401(k) Plan (MO) $6M · 595
Quebedeaux Pontiac Gmc 401(k) Plan (AZ) $6M · 87
Abco Laboratories, Inc. 401(k) Savings Plan (CA) $6M · 70
Cl Support Services, 401(k) Savings Plan (TX) $6M · 319

Similar participant headcount

Nearest other-state filings by covered participants (50 participants); asset peers above are excluded.

Advata 401(k) Plan (TX) 50 · 0 off
Arthritis Center of Nebraska Profit Sharing Plan (NE) 50 · 0 off
Ignitist, Inc. 401(k) Profit Sharing Plan and Trust (PA) 50 · 0 off
First National Financial Services 401(k) Plan (MN) 50 · 0 off

DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Boralex US Operations 401(k) Plan assets move in 2024? ▼

Boralex US Operations 401(k) Plan grew sharply - up 26.4% during 2024, from $4M to $6M. Reported net income was $1M.

How have Boralex Hydro Operations, Inc. plan assets changed over time? ▼

Across 2 plan years on file (2023-2024), Boralex Hydro Operations, Inc.'s sponsor-wide assets grew 26.4%, from $4M to $6M.

Which 401(k) plans are similar in size to Boralex US Operations 401(k) Plan? ▼

Among 401(k) plans in other states, the closest by assets is Artur Express Inc. 401(k) Plan in MO ($6M, 595 participants).

Which 401(k) plans cover a similar participant headcount to Boralex US Operations 401(k) Plan? ▼

Among 401(k) plans in other states, the closest by covered participants is Advata 401(k) Plan in TX (50 participants, N/A in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 113702639.