Plan Ledger DOL Form 5500 · updated monthly

Performance Validation, Inc.401(k)

PERFORMANCE VALIDATION, INC. 401(K) PLAN · INDIANAPOLIS, IN · plan year 2024

Reported admin expense ratio · 2024
0.49%

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

Performance Validation, Inc. reported $51,500 in plan administrative expenses for 2024: 0.49% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,451 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 0.53% to 0.49%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Indiana (819th of 1,562), and 7,481st of 11,654 in professional & technical services. In 2024, employees put in $3.29 for every $1.00 the employer contributed; active participation has grown from 129 to 143 since 2022.

Plan summary
Net assets, end of year$11,680,031
Participants with balances169
Active participants143
Employer contributions$350,562
Employee contributions$1,154,236
Employer contribution per active participant$2,451
Average account balance$69,113
Benefits paid to participants$543,192
Plan auditUnmodified (clean) audit opinion
AuditorBDG-CPAS
Plan history3
Yearassets · accounts · employer contribution
2024$11.7M · 169 accts · $351K emplr
2023$9.1M · 156 accts · $342K emplr
2022$7.4M · 138 accts · $295K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$51,500
Total administrative$51,500
The Performance Validation, Inc. 401(k) match · 2024
Employer contribution per active participant$2,451
Median for plans this size$2,416
2024$2,451 per active participant
2023$2,613 per active participant
2022$2,289 per active participant

Performance Validation, Inc.'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
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$51,499
SHEPHERD FINANCIAL INVESTMENT ADVIS · Investment advisory (plan)indirect comp

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$51,500 · 0.49%
2023$44,565 · 0.54%
2022$39,857 · 0.53%
Same employer
Similar plansProfessional & Technical Services · Indiana
Stratosphere Quality, LLC IN$12.1M · 1.71%
Ambassador Enterprises, LLC IN$11.9M · 0.26%
Nexum, Inc. IN$11.4M · 0.39%
Location Services, LLC IN$11.2M · 0.09%
Passageways, Inc. IN$10.9M · 0.65%

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Source: U.S. Department of Labor, Form 5500 series, EIN 352113599 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.