Plan Ledger DOL Form 5500 · updated monthly

Parkmobile, LLC401(k)

PARKMOBILE 401(K) PLAN · ATLANTA, GA · plan year 2024

Reported admin expense ratio · 2024
0.22%

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

Parkmobile, LLC reported $27,445 in plan administrative expenses for 2024: 0.22% of average plan assets, below the peer median. Employer contributions averaged $3,104 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 1 year on file its reported administrative ratio fell from 0.23% to 0.22%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other transportation & warehousing employers. By assets it is the 1,048th-largest of 2,160 plans among Georgia employers on file, and the 940th of 2,677 in transportation & warehousing. In 2024, employees put in $2.49 for every $1.00 the employer contributed; active participation has grown from 174 to 233 since 2022.

Plan summary
Net assets, end of year$14,142,028
Participants with balances220
Active participants233
Employer contributions$723,312
Employee contributions$1,802,630
Employer contribution per active participant$3,104
Average account balance$64,282
Benefits paid to participants$876,465
Plan auditUnmodified (clean) audit opinion
AuditorAPRIO LLP
Plan history3
Yearassets · accounts · employer contribution
2024$14.1M · 220 accts · $723K emplr
2023$10.8M · 185 accts · $720K emplr
2022$460K · 113 accts · $131K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$27,445
Total administrative$27,445
The Parkmobile, LLC 401(k) match · 2024
Employer contribution per active participant$3,104
Median for plans this size$2,416
2024$3,104 per active participant
2023$3,064 per active participant
2022$755 per active participant

Parkmobile, LLC's 2024 employer contribution ran above the $2,416 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
ERISA SERVICES, INC. · Contract administrator$1,525

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

Administrative cost history3
2024$27,445 · 0.22%
2023$13,219 · 0.23%
2022Not separately reported
Same employer
Similar plansTransportation & Warehousing · Georgia
Precision Heliparts, Inc. GA$17.9M · 0.28%
Pak Lite GA$11.8M · 0.45%

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Source: U.S. Department of Labor, Form 5500 series, EIN 383941930 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.