Plan Ledger DOL Form 5500 · updated monthly

Porter-Starke Services, Inc.401(k)

PORTER-STARKE SERVICES, INC. 401(K) PROFIT SHARING PLAN · VALPARAISO, IN · plan year 2024

Reported admin expense ratio · 2024
0.54%

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

Porter-Starke Services, Inc. reported $106,352 in plan administrative expenses for 2024: 0.54% of average plan assets, higher than ~75% of peers. Employer contributions averaged -$36 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 rose from 0.47% to 0.54%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 548th-largest of 1,562 plans among Indiana employers on file, and the 3,561st of 11,911 in health care & social assistance. active participation has shrunk from 434 to 376 since 2022.

Plan summary
Net assets, end of year$20,952,027
Participants with balances448
Active participants376
Employer contributions-$13,643
Employee contributions$1,552,800
Employer contribution per active participant-$36
Average account balance$46,768
Benefits paid to participants$920,117
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$21.0M · 448 accts
2023$18.3M · 447 accts · $726K emplr
2022$16.5M · 449 accts · $1.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$106,352
Total administrative$106,352
The Porter-Starke Services, Inc. 401(k) match · 2024
Employer contribution per active participant-$36
Median for plans this size$2,416
2023$1,662 per active participant
2022$2,838 per active participant

Porter-Starke Services, Inc.'s 2024 employer contribution ran below the $2,416 median for plans its size, in the bottom 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
TRANSAMERICA RETIREMENT SOLUTIONS · Recordkeeping · Loan processing$29,656
FUTUREPLAN BY ASCENSUS · Recordkeeping · Loan processing$9,074
HIGHTOWER ADVISORS LLC · Investment advisory (plan)$65,155

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

Recordkeeper by year2
2024Ascensus, Transamerica
2023Ascensus, Transamerica

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$106,352 · 0.54%
2023$93,972 · 0.54%
2022$74,474 · 0.47%
Same employer
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Dermatology, Inc. IN$20.7M · 0.04%
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Source: U.S. Department of Labor, Form 5500 series, EIN 351330771 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.