Plan Ledger DOL Form 5500 · updated monthly

Prime Technical Services Inc.401(k)

PRIME TECHNICAL SERVICES INC 401(K) PROFIT SHARING PLAN & TRUST · ATLANTA, GA · plan year 2024

Reported admin expense ratio · 2024
1.35%

Prime Technical Services Inc. reported $50,632 in plan administrative expenses for 2024: 1.35% of average plan assets, higher than ~90% 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.

Across the 2 years on file its reported administrative ratio rose from 1.07% to 1.35%. 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 (1,696th of 2,160), and 1,538th of 2,534 in administrative & support services.

Plan summary
Net assets, end of year$4,259,253
Participants with balances195
Active participants722
Employer contributions—
Employee contributions$1,418,400
Employer contribution per active participant—
Average account balance$21,842
Benefits paid to participants$1,307,351
Plan auditUnmodified (clean) audit opinion
AuditorJMM CPA
Plan history3
Yearassets · accounts · employer contribution
2024$4.3M · 195 accts
2023$3.2M · 205 accts
2022$1.9M · 236 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$32,142
Investment management$18,490
Total administrative$50,632
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
JPMORGAN INVEST HOLDINGS LLC$32,142
NORTHWESTERN MUTUAL WEALTH MGMT CO · Investment advisory (plan)$1,849

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$50,632 · 1.35%
2023$21,991 · 0.87%
2022$16,233 · 1.07%
Same employer
Similar plansAdministrative & Support Services · Georgia
Sawtst, LLC GA$4.5M · 0.20%
Snapmedtech, Inc. GA$4.4M · 1.10%

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Source: U.S. Department of Labor, Form 5500 series, EIN 464724937 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.