Plan Ledger DOL Form 5500 · updated monthly

Prelude Systems, Inc.401(k)

PRELUDE SERVICES 401(K) RETIREMENT PLAN · MECHANICSBURG, PA · plan year 2024

Reported admin expense ratio · 2024
0.49%

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

Prelude Systems, Inc. reported $50,847 in plan administrative expenses for 2024: 0.49% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,332 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 $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Pennsylvania (2,184th of 3,651), and 7,641st of 11,654 in professional & technical services. In 2024, employees put in $2.90 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$11,170,400
Participants with balances134
Active participants110
Employer contributions$256,465
Employee contributions$743,874
Employer contribution per active participant$2,332
Average account balance$83,361
Benefits paid to participants$819,029
Plan auditUnmodified (clean) audit opinion
AuditorMCKONLY AND ASBURY LLP
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$26,481
Investment management$24,366
Total administrative$50,847
The Prelude Systems, Inc. 401(k) match · 2024
Employer contribution per active participant$2,332
Median for plans this size$2,416

Prelude Systems, Inc.'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 · 20242
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$26,481
WILMINGTON TRUST NATIONAL ASSOC · Investment advisory (plan)$24,366

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

Administrative cost history1
2024$50,847 · 0.49%
Same employer
Similar plansProfessional & Technical Services · Pennsylvania
Cornelis Networks PA$11.6M · 0.02%
Therapynotes, LLC PA$11.4M · 1.05%
MAGNA5 Ms Holdings LLC PA$11.3M · 0.08%
Arro Holdings, LLC PA$11.1M · 0.10%
Evolve Ip, LLC PA$11.0M · 0.61%
Lucas Systems, Inc. PA$11.0M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 232942042 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.