Plan Ledger DOL Form 5500 · updated monthly

My HR Pros401(k)

MY HR PROS 401(K) PLAN · VAN BUREN, AR · plan year 2024

Reported admin expense ratio · 2024
0.59%

Peer grade: D · admin costs + employer contributions vs same-size plans · how grading works

My HR Pros reported $444,405 in plan administrative expenses for 2024: 0.59% of average plan assets, higher than ~90% of peers. Employer contributions averaged $524 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio fell from 0.64% to 0.59%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other administrative & support services employers. By assets it is the 52nd-largest of 456 plans among Arkansas employers on file, and the 199th of 2,534 in administrative & support services. In 2024, employees put in $2.58 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$79,627,249
Participants with balances2,266
Active participants4,608
Employer contributions$2,415,160
Employee contributions$6,220,411
Employer contribution per active participant$524
Average account balance$35,140
Benefits paid to participants$14,024,764
Plan auditUnmodified (clean) audit opinion
AuditorSHOPTAW, LABAHN & COMPANY, P.A.
Plan history3
Yearassets · accounts · employer contribution
2024$79.6M · 2,266 accts · $2.4M emplr
2023$71.5M · 2,166 accts · $2.4M emplr
2022$61.6M · 2,167 accts · $2.3M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$171,527
Investment management$272,878
Total administrative$444,405
The My HR Pros 401(k) match · 2024
Employer contribution per active participant$524
Median for plans this size$3,635
2024$524 per active participant
2023$559 per active participant
2022$542 per active participant

My HR Pros's 2024 employer contribution ran below the $3,635 median for plans its size, in the bottom quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20244
TRANSAMERICA FINANCIAL LIFE INSURAN · Recordkeeping · Loan processing$98,529
LPL FINANCIAL CORPORATION · Investment advisory (plan)$258,069
SOUTHERN PERSONNEL MGMT, INC$72,998
MESIROW FINANCIAL INC · Investment advisory (plan)$14,809

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024Transamerica
2023Transamerica

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$444,405 · 0.59%
2023$417,250 · 0.63%
2022$422,092 · 0.64%
Same employer
Similar plansAdministrative & Support Services · Arkansas
America's Back Office, Inc. MI$80.2M · 0.97%
Health Carousel LLC OH$80.0M · 0.37%
Fusion Medical Staffing LLC NE$77.5M · 0.81%

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Source: U.S. Department of Labor, Form 5500 series, EIN 710772119 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.