Plan Ledger DOL Form 5500 · updated monthly

Prime Controls, L.P.401(k)

PRIME CONTROLS, L.P. 401(K) PROFIT SHARING PLAN · LEWISVILLE, TX · plan year 2024

Reported admin expense ratio · 2024
0.07%

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

Prime Controls, L.P. reported $38,823 in plan administrative expenses for 2024: 0.07% of average plan assets, below the peer median. Employer contributions averaged $2,768 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 0.06% to 0.07%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other wholesale trade employers. By assets it is the 903rd-largest of 5,688 plans among Texas employers on file, and the 651st of 4,246 in wholesale trade. In 2024, employees put in $2.14 for every $1.00 the employer contributed; active participation has grown from 509 to 773 since 2022.

Plan summary
Net assets, end of year$63,607,767
Participants with balances585
Active participants773
Employer contributions$2,140,006
Employee contributions$4,579,711
Employer contribution per active participant$2,768
Average account balance$108,731
Benefits paid to participants$5,564,420
Plan auditUnmodified (clean) audit opinion
AuditorMILLBERN RAY & COMPANY LLP
Plan history3
Yearassets · accounts · employer contribution
2024$63.6M · 585 accts · $2.1M emplr
2023$54.8M · 502 accts · $1.9M emplr
2022$41.9M · 426 accts · $1.6M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$38,823
Total administrative$38,823
The Prime Controls, L.P. 401(k) match · 2024
Employer contribution per active participant$2,768
Median for plans this size$3,635
2024$2,768 per active participant
2023$2,965 per active participant
2022$3,082 per active participant

Prime Controls, L.P.'s 2024 employer contribution ran below the $3,635 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 · 20244
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$38,822
NOVA 401K ASSOCIATES · Other servicesindirect comp
EDWARD JONES · Investment advisory (plan)indirect comp
WILSHIRE ADVISORS LLC · Investment advisory (plan)indirect comp

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$38,823 · 0.07%
2023$30,267 · 0.06%
2022$25,851 · 0.06%
Same employer
Similar plansWholesale Trade · Texas
Doggett Company, LLC TX$65.0M · 0.36%
Nexeo Plastics, LLC TX$64.7M · 0.16%
Tacenergy, LLC TX$60.2M · 0.29%
Womack Group, LLC TX$59.2M · 0.29%

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Source: U.S. Department of Labor, Form 5500 series, EIN 752394015 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.