Plan Ledger DOL Form 5500 · updated monthly

Positive Promotions, Inc.401(k)

POSITIVE PROMOTIONS 401(K) SAVINGS PLAN · HAUPPAUGE, NY · plan year 2024

Reported admin expense ratio · 2024
0.56%

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

Positive Promotions, Inc. reported $89,358 in plan administrative expenses for 2024: 0.56% of average plan assets, higher than ~75% of peers. Employer contributions averaged $179 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 3 years on file its reported administrative ratio has held roughly steady near 0.56%. 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 the 2,734th-largest of 5,648 plans among New York employers on file, and 6,052nd of 11,654 in professional & technical services. In 2024, employees put in $5.13 for every $1.00 the employer contributed; active participation has grown from 500 to 856 since 2022.

Plan summary
Net assets, end of year$17,359,426
Participants with balances259
Active participants856
Employer contributions$152,823
Employee contributions$784,051
Employer contribution per active participant$179
Average account balance$67,025
Benefits paid to participants$780,972
Plan auditUnmodified (clean) audit opinion
AuditorPERLSON LLP
Plan history3
Yearassets · accounts · employer contribution
2024$17.4M · 259 accts · $153K emplr
2023$14.8M · 258 accts · $160K emplr
2022$12.3M · 278 accts · $147K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$39,027
Investment management$35,331
Audit (IQPA)$15,000
Total administrative$89,358
The Positive Promotions, Inc. 401(k) match · 2024
Employer contribution per active participant$179
Median for plans this size$2,416
2024$179 per active participant
2023$227 per active participant
2022$293 per active participant

Positive Promotions, 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
CEP CONSULTANTS, INC$40,779
CFM ADVISORS INC · Investment advisory (participants)$19,618

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$89,358 · 0.56%
2023$74,847 · 0.55%
2022$69,810 · 0.54%
Similar plansProfessional & Technical Services · New York
Mother Industries, LLC. NY$17.4M · 0.75%
Rqi Partners LLC NY$17.4M · 0.24%
Quebit Consulting, LLC NY$17.0M · 0.00%
Outbrain Inc. NY$17.0M · 0.63%

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Source: U.S. Department of Labor, Form 5500 series, EIN 131968593 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.