Plan Ledger DOL Form 5500 · updated monthly

Prime Retail Services, Inc.401(k)

PRIME RETAIL SERVICES, INC. 401(K) PLAN · FLOWERY BRANCH, GA · plan year 2024

Reported admin expense ratio · 2024
1.68%

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

Prime Retail Services, Inc. reported $24,649 in plan administrative expenses for 2024: 1.68% of average plan assets, higher than ~90% of peers. Employer contributions averaged $185 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 1.06% to 1.68%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other administrative & support services employers. By assets it is among the smaller plans on file in Georgia (1,983rd of 2,160), and 2,034th of 2,534 in administrative & support services. In 2024, employees put in $6.95 for every $1.00 the employer contributed; active participation has shrunk from 188 to 154 since 2022.

Plan summary
Net assets, end of year$1,586,593
Participants with balances53
Active participants154
Employer contributions$28,559
Employee contributions$198,470
Employer contribution per active participant$185
Average account balance$29,936
Benefits paid to participants$166,011
Plan auditUnmodified (clean) audit opinion
AuditorPRICE KUBECKA, PLLC
Plan history3
Yearassets · accounts · employer contribution
2024$1.6M · 53 accts · $29K emplr
2023$1.4M · 111 accts · $25K emplr
2022$994K · 100 accts · $8K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$24,649
Total administrative$24,649
The Prime Retail Services, Inc. 401(k) match · 2024
Employer contribution per active participant$185
Median for plans this size$1,313
2024$185 per active participant
2023$174 per active participant
2022$41 per active participant

Prime Retail Services, Inc.'s 2024 employer contribution ran below the $1,313 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
MERRILL LYNCH-FAS · Investment advisory (participants)$4,622

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$24,649 · 1.68%
2023$13,620 · 1.16%
2022$11,222 · 1.06%
Similar plansAdministrative & Support Services · Georgia
Ask Staffing Inc GA$1.8M · 0.58%
Stars and Strikes, LLC GA$1.6M · 1.13%
Lno, Inc. GA$1.5M · 1.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 200482360 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.