Plan Ledger DOL Form 5500 · updated monthly

Prestige Engineering Resources Technologies, Inc.401(k)

PRESTIGE ENGINEERING RESOURCES TECHNOLOGIES, INC. 401(K) PSP · CLINTON, MI · plan year 2022

Reported admin expense ratio · 2022
0.13%

Prestige Engineering Resources Technologies, Inc. reported $3,213 in plan administrative expenses for 2022: 0.13% of average plan assets, lower than ~75% of peers. 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 $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Michigan (2,335th of 2,619), and 10,795th of 11,654 in professional & technical services.

Plan summary
Net assets, end of year$2,263,007
Participants with balances60
Active participants176
Employer contributions—
Employee contributions$232,412
Employer contribution per active participant—
Average account balance$37,717
Benefits paid to participants$194,965
Plan auditUnmodified (clean) audit opinion
AuditorRINGO & ASSOCIATES
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$19,093
Total administrative$3,213
What these fees cost you

Annual cost at the plan's reported 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$3,213 · 0.13%
Similar plansProfessional & Technical Services · Michigan
Salespad, LLC MI$2.8M · 0.26%
Dp& MI$2.6M · 0.01%
Fapco, Inc. MI$2.5M · 0.82%
Rle International MI$2.1M · 0.83%
Sunera Technologies Inc MI$2.0M · 0.10%

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Source: U.S. Department of Labor, Form 5500 series, EIN 383439580 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.