Dte Energy Corporate Services, LLC 401(k) Review & Grade
Dte Energy Company Savings and Stock Ownership Plan
Detroit, MIUtilities5,285 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$8,152Employer $ per active participant
$13,072Employee $ saved per active participant
0.07%Direct admin cost, % of plan assets
$2.3BNet plan assets, end of year
$333,606Average balance per account
Score breakdown
- Employer generosity36.5 / 5073th percentile for employer $ per participant
- Low cost17.0 / 2568th percentile for low admin cost vs. same-size plans
- Employee saving11.8 / 1578th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
Total score75 / 100 · Grade A
This plan vs. peers
Peers: Utilities plans with 2,500–9,999 active participants (38 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 73th |
| Lower admin cost | 68th |
| Employee saving | 78th |
| Peers that auto-enroll | 82% |
Get the monthly 401(k) report card
The best and worst plans, new grades as filings post. One email a month, no spam.
Red flags from the filing
No red flags were reported on this filing's compliance questions.
What to do if you're in this plan
- Dte Energy Corporate Services put in about $8,152 per active participant, more than the typical peer ($6,490). Contribute at least enough to collect the full match. Skipping it leaves part of your pay on the table.
- The filing shows total dollars, not the match formula. Ask HR for the Summary Plan Description so you know the exact match and vesting schedule.
- Fund expense ratios aren't in the filing. Look them up in your 404(a)(5) fee disclosure and favor low-cost index or target-date funds.
- The plan auto-enrolls employees. Check your default contribution rate. Defaults are often lower than what it takes to get the full match.
- Changing jobs? You can usually leave the money in the plan, move it to your new employer's plan, or roll it into an IRA. Don't cash out: you'd owe taxes and possibly a 10% penalty.
The raw numbers from the filing
| Employer contributions | $43,084,739 |
| Participant (employee) contributions | $69,086,076 |
| Other contributions (incl. rollovers in) | $6,317,128 |
| Administrative expenses paid from the plan | $1,607,983 |
| Investment advisory & management fees | $1,557,112 |
| Benefits paid out | $302,383,426 |
| Net assets, start / end of year | $2.2B / $2.3B |
| Active participants, start / end of year | 5,492 / 5,078 |
| Participants with account balances | 6,996 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | George Johnson & Company |
Largest service providers (Schedule C)
| Empower Advisory Group, LLC | $1,338,829 reported compensation |
| Empower Annuity Insurance Company O | $86,383 reported compensation |
| Jpmorgan Chase Bank, NA | $59,501 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251003070836NAL0001144049001, received 2025-10-03, EIN 20-5898509, plan #002, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.