Plan Ledger DOL Form 5500 · updated monthly

Prime Digital401(k)

PRIME DIGITAL 401(K) PLAN · LAS VEGAS, NV · plan year 2022

Reported admin expense ratio · 2022
0.10%

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

Prime Digital reported $3,133 in plan administrative expenses for 2022: 0.10% of average plan assets, lower than ~75% of peers. Employer contributions averaged $0 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 1 year on file its reported administrative ratio rose from 0.10% to 0.18%. 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 Nevada (295th of 437), and 10,016th of 11,654 in professional & technical services.

Plan summary
Net assets, end of year$4,415,637
Participants with balances320
Active participants261
Employer contributions$0
Employee contributions$2,104,390
Employer contribution per active participant$0
Average account balance$13,799
Benefits paid to participants$217,902
Plan auditUnmodified (clean) audit opinion
AuditorELLSWORTH & STOUT CPA'S
Plan history2
Yearassets · accounts · employer contribution
2023$3.5M · 185 accts
2022$4.4M · 320 accts
Administrative expenses, itemized · 2022
Investment management$3,133
Total administrative$3,133
The Prime Digital 401(k) match · 2022
Employer contribution per active participant$0
Median for plans this size$1,114

Prime Digital's 2022 employer contribution ran below the $1,114 median for plans its size, in the bottom 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2
2023$7,249 · 0.18%
2022$3,133 · 0.10%
Similar plansProfessional & Technical Services · Nevada
Glen J Lerner Esq NV$6.9M · 0.52%
Joshco Group, LLC NV$4.9M · 1.43%
Cleanspark, Inc. NV$4.1M · 1.85%
Claimocity, Inc. NV$1.9M · 0.83%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 842264528 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.