Plan Ledger DOL Form 5500 · updated monthly

P1 Service, LLC401(k)

P1 SERVICE PROFIT SHARING PLAN · LENEXA, KS · plan year 2024

Reported admin expense ratio · 2024
0.31%

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

P1 Service, LLC reported $24,101 in plan administrative expenses for 2024: 0.31% of average plan assets, below the peer median. Employer contributions averaged $5,170 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in Kansas (562nd of 828), and 3,408th of 5,337 in construction. In 2024, employees put in $1.34 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$7,895,129
Participants with balances119
Active participants106
Employer contributions$548,026
Employee contributions$734,719
Employer contribution per active participant$5,170
Average account balance$66,346
Benefits paid to participants$1,546,775
Plan auditUnmodified (clean) audit opinion
AuditorBT & CO., P.A.
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$24,101
Total administrative$24,101
The P1 Service, LLC 401(k) match · 2024
Employer contribution per active participant$5,170
Median for plans this size$1,313

P1 Service, LLC's 2024 employer contribution ran above the $1,313 median for plans its size, placing it in the top 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
MML INVESTORS SERVICES LLC · Investment advisory (plan)$15,591
EMPOWER ADVISORY GROUP, LLC · Investment management$6,845
ERP NATIONAL LLC DBA ERP RETIREMENT · Contract administrator$4,011
EMPOWER ANNUITY INSURANCE CO. · Contract administratorindirect comp

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

Administrative cost history1
2024$24,101 · 0.31%
Similar plansConstruction · Kansas
Hi-Tech Interiors, Inc. KS$8.9M · 0.46%
REMEDI8 Holdings Corp. KS$8.8M · 0.73%
Higgins Group, Inc. KS$7.8M · 0.52%
Dm Gary Holding Company KS$7.6M · 0.04%
Reddi Industries, Inc. KS$6.4M · 0.47%

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Source: U.S. Department of Labor, Form 5500 series, EIN 853173634 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.