Plan Ledger DOL Form 5500 · updated monthly

Physical Security, LLC401(k)

PHYSICAL SECURITY, LLC 401(K) PLAN · BESSEMER, AL · plan year 2022

Reported admin expense ratio · 2022
0.49%

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

Physical Security, LLC reported $22,341 in plan administrative expenses for 2022: 0.49% of average plan assets, above the peer median. Employer contributions averaged $2,331 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in Alabama (664th of 902), and 4,159th of 5,337 in construction. In 2022, employees put in $1.89 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$4,266,827
Participants with balances70
Active participants55
Employer contributions$128,226
Employee contributions$242,371
Employer contribution per active participant$2,331
Average account balance$60,955
Benefits paid to participants$93,850
Plan auditUnmodified (clean) audit opinion
AuditorRSM US LLP
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$21,886
Total administrative$22,341
The Physical Security, LLC 401(k) match · 2022
Employer contribution per active participant$2,331
Median for plans this size$1,114

Physical Security, LLC's 2022 employer contribution ran above the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$22,341 · 0.49%
Similar plansConstruction · Alabama
Rj Mechanical, Inc. AL$7.5M · 0.05%
W.S. Newell & Sons, Inc. AL$6.5M · 0.47%
H. O. Weaver & Sons, Inc. AL$4.3M · 0.36%
Ard Contracting, Inc. AL$4.1M · 0.04%
Lavender, Inc. AL$4.1M · 0.50%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 204549986 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.