Plan Ledger DOL Form 5500 · updated monthly

P1 Technologies, Inc401(k) + ESOP (KSOP)

P1 TECHNOLOGIES, INC. EMPLOYEE STOCK OWNERSHIP AND SAVINGS PLAN · ROANOKE, VA · plan year 2024

Reported admin expense ratio · 2024
0.01%

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

P1 Technologies, Inc reported $4,160 in plan administrative expenses for 2024: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $795 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 rose from 0.008% to 0.013%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 687th-largest of 2,266 plans among Virginia employers on file, and the 4,198th of 13,661 in manufacturing. active participation has grown from 217 to 274 since 2022.

Plan summary
Net assets, end of year$32,924,121
Participants with balances357
Active participants274
Employer contributions$217,852
Employee contributions—
Employer contribution per active participant$795
Average account balance$92,224
Benefits paid to participants$2,964,425
Plan auditUnmodified (clean) audit opinion
AuditorANDERSON & REED, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$32.9M · 357 accts · $218K emplr
2023$31.3M · 337 accts · $418K emplr
2022$31.4M · 294 accts · $348K emplr
The P1 Technologies, Inc 401(k) match · 2024
Employer contribution per active participant$795
Median for plans this size$2,416
2024$795 per active participant
2023$1,607 per active participant
2022$1,603 per active participant

P1 Technologies, Inc's 2024 employer contribution ran below the $2,416 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.

Administrative cost history3
2024$4,160 · 0.01%
2023$1,825 · 0.01%
2022$2,680 · 0.01%
All plans at this employer2
P1 TECHNOLOGIES, INC. EMPLOYEE STOCK OWNERSHIP AND SAVINGS PLAN401(k) + ESOP (KSOP)
P1 TECHNOLOGIES, INC. 401(K) PLAN401(k)
Same employer
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Source: U.S. Department of Labor, Form 5500 series, EIN 541437569 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.