Bhi Energy Power Services Llc 401(k) Plan: Login, Facts & Contact Information

Bhi Energy Power Services Llc 401(k) Plan Facts

Plan name
BHI ENERGY 401(K) AND PROFIT SHARING PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
BHI ENERGY POWER SERVICES LLC
Participants
5,263 (5,430 active employees)
Former employees with a balance
1,424
Plan assets
$120,365,029 at Dec 31, 2022
Average account balance
$45,941 across 2,620 accounts
Employer contributions
$231,583 in plan year 2022 (2% of all contributions)
Recordkeeper
Fidelity Investments Institutional
Plan year
Jan 1, 2022 – Dec 31, 2022
Plan established
Jan 1, 1991
✓ Employer contributions— Automatic enrollment✓ Default investment for undecided participants✓ Participants choose their own investments— Self-directed brokerage window✓ Profit sharing— Company stock (ESOP)

Source: Form 5500 for plan year 2022 (Jan 1, 2022 – Dec 31, 2022), filed Dec 16, 2024. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2022

  • $12.7 million went into the plan in contributions, $231,583 of it from the employer (2%).
  • $16.7 million was paid out to participants.

How the Bhi Energy Power Services Llc 401(k) changed, 2017–2022

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
20173,955$101.5 million$162,988$12.4 million
20183,362$94.0 million$157,689$12.4 million
20194,555$114.2 million$161,326$12.0 million
20204,505$135.0 million$165,767$12.0 million
20214,753$154.8 million$172,027$14.1 million
20225,263$120.4 million$231,583$16.7 million

Bhi Energy Power Services Llc 401(k) Contact Information

Phone
508-746-6464
Mailing address
141 LONGWATER DR SUITE 113, NORWELL MA 02061
Plan sponsor
BHI ENERGY POWER SERVICES LLC
Employer identification number (EIN)
30-0811764
Plan number
001

Questions about the Bhi Energy Power Services Llc 401(k)

Does Bhi Energy Power Services Llc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2022 the employer contributed $231,583, 2% of all contributions.

Does the Bhi Energy Power Services Llc 401(k) have automatic enrollment?

No. The plan does not report automatic enrollment; employees enroll themselves.

How many people are in the Bhi Energy Power Services Llc 401(k) plan?

5,263 participants at the start of plan year 2022, 5,430 of them active employees, and 1,424 former employees who still had money in the plan.

What is the average 401(k) balance at Bhi Energy Power Services Llc?

About $45,941 per account: $120.4 million in plan assets across 2,620 accounts with a balance at the end of plan year 2022.

Who manages the Bhi Energy Power Services Llc 401(k) accounts?

Fidelity NetBenefits (listed on the filing as FIDELITY INVESTMENTS INSTITUTIONAL) is the plan's recordkeeper, which is where participants log in to see their balance.

I no longer work at Bhi Energy Power Services Llc. How do I access my 401(k)?

Your account stays with Fidelity NetBenefits after you leave, so you can log in with the same credentials. If your balance was small, the plan may have rolled it into an IRA in your name. If you can't find it, Beagle can locate it for you.

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