Plan Ledger DOL Form 5500 · updated monthly

Pgx Holdings, Inc.401(k)

PROGREXION HOLDINGS, INC. 401(K) PLAN · SALT LAKE CITY, UT · plan year 2023

Reported admin expense ratio · 2023
0.41%

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

Pgx Holdings, Inc. reported $115,450 in plan administrative expenses for 2023: 0.41% of average plan assets, above the peer median. Employer contributions averaged $5,704 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 has held roughly steady near 0.41%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other administrative & support services employers. By assets it is the 228th-largest of 848 plans among Utah employers on file, and the 471st of 2,534 in administrative & support services. In 2023, employees put in $2.03 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$28,308,402
Participants with balances922
Active participants224
Employer contributions$1,277,682
Employee contributions$2,599,860
Employer contribution per active participant$5,704
Average account balance$30,703
Benefits paid to participants$8,153,130
Plan auditUnmodified (clean) audit opinion
AuditorTRAVELLER AND COMPANY, LLC
Plan history2
Yearassets · accounts · employer contribution
2023$28.3M · 922 accts · $1.3M emplr
2022$27.6M · 1,708 accts · $2.4M emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$89,006
Total administrative$115,450
The Pgx Holdings, Inc. 401(k) match · 2023
Employer contribution per active participant$5,704
Median for plans this size$2,440
2023$5,704 per active participant
2022$2,059 per active participant

Pgx Holdings, Inc.'s 2023 employer contribution ran above the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20231
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$89,006

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

Administrative cost history2
2023$115,450 · 0.41%
2022$123,793 · 0.42%
Same employer
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Conservice, LLC UT$67.7M · 0.31%
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Credit.com Holdings, LLC UT$28.4M · 0.30%
Ace Disposal, Inc. UT$26.3M · 0.30%
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Safe Streets USA LLC UT$14.9M · 0.70%
Aptive Environmental, LLC UT$14.4M · 0.66%

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Source: U.S. Department of Labor, Form 5500 series, EIN 454352510 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.