401(k) · DOL Form 5500 · 2024

Free Energy Savings Company, LLC 401(k) Plan

Data updated 2026-08-25

$4M
Total assets Small plan by assets: 240
Participants Below avg headcount: 38th
Percentile by assets National rank: $16,118
Avg per participant Low balance/head

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Official DOL plan name: Free Energy Savings 401(k) Plan · Sponsored by Free Energy Savings Company, LLC · California · Utilities

$4M in assets, 240 participants

Free Energy Savings Company, LLC's Free Energy Savings 401(k) Plan reported $4M in total assets and 240 participants in its 2024 DOL Form 5500 filing, ranking in the 38th 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.

#100 in Utilities (732 peers)

Coverage in California

Free Energy Savings 401(k) Plan covers 240 participants in California, about 38% of the average California filer (state average ~630 per filing). Assets: $4M.

#100
in Utilities (732 peers): +33.4%
assets growth YoY

Free Energy Savings 401(k) Plan's mid-pack asset rank among Utilities and all filers

Free Energy Savings 401(k) Plan vs every filed plan by assets

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

$3,868,281 38th percentile higher than 38% 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

Free Energy Savings 401(k) Plan among mid-size filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Free Energy Savings 401(k) Plan sits mid-pack in the medium band (240 participants).

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%)

Free Energy Savings 401(k) Plan reported net income rose from $707K in the plan year 2023 filing to $968K in the plan year 2024 filing.
Free Energy Savings 401(k) Plan end-of-year assets rose from $3M in the plan year 2023 filing to $4M in the plan year 2024 filing.

See the national 2023→2024 release diff →

DOL schedule card

Filing strip 821408044 · Free Energy Savings Company, LLC PY 2024 · 401(k)

Free Energy Savings 401(k) Plan · $4M · 240 · 38th

SCH $4M
EBSA 240
PART 38th
TYPE 401(k)
NET near Fnb Financial Services, Inc. ESOP with 401(k) Provisions
BOOK ind #100

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 California →

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

California filing particulars

Total Assets (Beginning of Year)	$3M
Net Assets (End of Year)	$4M
Net Income	$968K
Employer EIN	821408044
Plan Effective Date	2019-07-27
Filing Status	FILING RECEIVED

Sponsor Plan History (Free Energy Savings Company, LLC)

Latest sponsor-wide plan assets: $4M 76.39895919405942% vs 2022; 2024 filing year

Year	Plans	Participants	Total Assets
2022	1	258	$2M
2023	1	242	$3M
2024	1	240	$4M

Nearby 401(k) Plans in California

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

Free Energy Savings 401(k) Plan vs. nearby 401(k) plans in California, assets vs. participants

Google LLC 401(k) Savings Plan $48.7B · 116,712
Oracle Corporation 401(k) Savings and Investment Plan $31.0B · 58,962
Intel 401(k) Savings Plan $24.9B · 55,298
Apple 401(k) Plan $24.7B · 101,450
Cisco Systems,Inc. 401(k) Plan $22.7B · 40,452

Compare Free Energy Savings 401(k) Plan side-by-side with 3 peers →

Free Energy Savings 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside California, the nearest 401(k) by assets is Fnb Financial Services, Inc. ESOP with 401(k) Provisions in OK ($4M); by covered participants it is Shangri-La 401(k) Plan in OR (240 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($4M here).

Fnb Financial Services, Inc. ESOP with 401(k) Provisions (OK) $4M · 59
Tremaine Enterprises, Inc. 401(k) Profit Sharing Plan (CO) $4M · 3
Coretelligent LLC 401(k) Profit Sharing Plan and Trust (MA) $4M · 136
Citizens First Bank 401(k) Plan (IA) $4M · 47

Similar participant headcount

Nearest other-state filings by covered participants (240 participants); asset peers above are excluded.

Shangri-La 401(k) Plan (OR) 240 · 0 off
SEIU Local 200united 401(k) Plan (NY) 240 · 0 off
Envision Credit Union 401(k) Plan and Trust (FL) 240 · 0 off
City Beverages 401(k) Plan (FL) 240 · 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 Free Energy Savings 401(k) Plan assets move in 2024? ▼

Free Energy Savings 401(k) Plan surged - up 33.4% during 2024, from $3M to $4M. Reported net income was $968K.

How have Free Energy Savings Company, LLC plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Free Energy Savings Company, LLC's sponsor-wide assets grew 76.4%, from $2M to $4M.

Which 401(k) plans are similar in size to Free Energy Savings 401(k) Plan? ▼

Among 401(k) plans in other states, the closest by assets is Fnb Financial Services, Inc. ESOP with 401(k) Provisions in OK ($4M, 59 participants).

Which 401(k) plans cover a similar participant headcount to Free Energy Savings 401(k) Plan? ▼

Among 401(k) plans in other states, the closest by covered participants is Shangri-La 401(k) Plan in OR (240 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 821408044.