Plan Ledger DOL Form 5500 · updated monthly

Powerreviews, Inc.401(k)

POWERREVIEWS, INC. 401K PLAN · CHICAGO, IL · plan year 2023

Reported admin expense ratio · 2023
0.67%

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

Powerreviews, Inc. reported $46,811 in plan administrative expenses for 2023: 0.67% of average plan assets, above the peer median. Employer contributions averaged $3,085 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 0.67%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Illinois (2,637th of 3,702), and 8,784th of 11,654 in professional & technical services. In 2023, employees put in $4.05 for every $1.00 the employer contributed; active participation has shrunk from 135 to 91 since 2022.

Plan summary
Net assets, end of year$7,701,103
Participants with balances206
Active participants91
Employer contributions$280,769
Employee contributions$1,136,482
Employer contribution per active participant$3,085
Average account balance$37,384
Benefits paid to participants$1,351,256
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$0 · $67K emplr
2023$7.7M · 206 accts · $281K emplr
2022$6.2M · 221 accts · $318K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$25,106
Investment management$21,705
Total administrative$46,811
The Powerreviews, Inc. 401(k) match · 2023
Employer contribution per active participant$3,085
Median for plans this size$1,308
2023$3,085 per active participant
2022$2,352 per active participant

Powerreviews, Inc.'s 2023 employer contribution ran above the $1,308 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 · 20233
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$25,106
GLOBAL RETIREMENT PARTNERS LLC · Investment advisory (plan)$17,097
MMA SECURITIES · Investment advisory (plan)$4,608

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

Administrative cost history3
2024Not separately reported
2023$46,811 · 0.67%
2022$41,719 · 0.66%
Similar plansProfessional & Technical Services · Illinois
Elevate Care, Inc. IL$8.0M · 2.06%
Avvale, Inc. IL$7.8M · 0.18%
Cleverbridge, Inc. IL$7.7M · 0.44%
Twf - Twf Services, LLC IL$7.7M · 0.72%
Crosscom National, LLC IL$7.6M · 0.64%
North Fork Holdings, Inc. IL$7.6M · 0.35%
Level Ex, Inc. IL$7.6M · 0.58%

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Source: U.S. Department of Labor, Form 5500 series, EIN 205383437 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.