Plan Ledger DOL Form 5500 · updated monthly

Power Motive Corporation401(k)

POWER MOTIVE CORPORATION 401(K) PROFIT SHARING PLAN · DENVER, CO · plan year 2024

Reported admin expense ratio · 2024
0.95%

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

Power Motive Corporation reported $136,353 in plan administrative expenses for 2024: 0.95% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,432 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 0.31% to 0.95%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 655th-largest of 1,461 plans among Colorado employers on file, and 7,191st of 13,661 in manufacturing. In 2024, employees put in $3.04 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$14,647,524
Participants with balances167
Active participants267
Employer contributions$382,477
Employee contributions$1,162,396
Employer contribution per active participant$1,432
Average account balance$87,710
Benefits paid to participants$2,491,932
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$14.6M · 167 accts · $382K emplr
2023$14.1M · 182 accts · $355K emplr
2022$10.5M · 147 accts · $365K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$27,404
Investment management$10,219
Trustee / custodial$3,820
Total administrative$136,353
The Power Motive Corporation 401(k) match · 2024
Employer contribution per active participant$1,432
Median for plans this size$2,416
2024$1,432 per active participant
2023$1,334 per active participant
2022$1,484 per active participant

Power Motive Corporation's 2024 employer contribution ran below 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 · 20241
BOKF, NA · Custodial (securities) · Trustee$42,083

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$136,353 · 0.95%
2023$728,738 · 5.93%
2022$33,233 · 0.31%
Same employer
Similar plansManufacturing · Colorado
Merritt Trailers, Inc. CO$15.5M · 0.52%
Enveda Therapeutics, Inc. CO$15.1M · 0.39%
Rocla Concrete Tie, Inc. CO$14.2M · 0.15%
Popsockets LLC CO$14.0M · 0.00%
Advanced Circuits, Inc. CO$13.9M · 0.48%
Golden Aluminum, Inc. CO$13.2M · 0.29%

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Source: U.S. Department of Labor, Form 5500 series, EIN 840609862 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.