Plan Ledger DOL Form 5500 · updated monthly

P3I, Incorporated401(k)

P3I, INCORPORATED 401(K) PLAN · HOPKINTON, MA · plan year 2022

Reported admin expense ratio · 2022
0.40%

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

P3I, Incorporated reported $63,283 in plan administrative expenses for 2022: 0.40% of average plan assets, above the peer median. Employer contributions averaged $2,942 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 3 years on file its reported administrative ratio fell from 0.40% to 0.28%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Massachusetts (1,641st of 2,726), and 7,046th of 11,654 in professional & technical services. In 2022, employees put in $2.13 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$13,175,318
Participants with balances165
Active participants28
Employer contributions$82,371
Employee contributions$175,221
Employer contribution per active participant$2,942
Average account balance$79,850
Benefits paid to participants$2,357,430
Plan auditUnmodified (clean) audit opinion
AuditorBRITT & COMPANY CPA, LLC
Plan history4
Yearassets · accounts · employer contribution
2025$11.7M · 109 accts · $70K emplr
2024$12.1M · 129 accts · $83K emplr
2023$12.9M · 147 accts · $80K emplr
2022$13.2M · 165 accts · $82K emplr
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$63,283
Total administrative$63,283
The P3I, Incorporated 401(k) match · 2022
Employer contribution per active participant$2,942
Median for plans this size$2,266
2025$3,897 per active participant
2024$3,081 per active participant
2023$2,766 per active participant
2022$2,942 per active participant

P3I, Incorporated's 2022 employer contribution ran above the $2,266 median for plans its size. 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history4
2025$33,243 · 0.28%
2024$15,770 · 0.13%
2023$15,951 · 0.12%
2022$63,283 · 0.40%
Similar plansProfessional & Technical Services · Massachusetts
Security Innovation, Inc. MA$13.7M · 0.22%
Edenroc Sciences, LLC MA$13.5M · 0.01%
Medacuity, LLC MA$13.4M · 0.22%
Velsera Inc. MA$13.2M · 0.42%
Clough USA, Inc. MA$13.1M · 0.45%
Valo Health Inc. MA$13.0M · 0.63%
Jounce Therapeutics, Inc. MA$13.0M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 043508066 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.