Plan Ledger DOL Form 5500 · updated monthly

Primus Software Corporation401(k)

PRIMUS SOFTWARE CORPORATION 401K PROFIT SHARING PLAN · DULUTH, GA · plan year 2024

Reported admin expense ratio · 2024
0.11%

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

Primus Software Corporation reported $5,255 in plan administrative expenses for 2024: 0.11% of average plan assets, lower than ~75% of peers. Employer contributions averaged $74 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 3 years on file its reported administrative ratio has held roughly steady near 0.111%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Georgia (1,623rd of 2,160), and 9,806th of 11,654 in professional & technical services. In 2024, employees put in $43.07 for every $1.00 the employer contributed; active participation has shrunk from 126 to 89 since 2022.

Plan summary
Net assets, end of year$4,997,579
Participants with balances78
Active participants89
Employer contributions$6,572
Employee contributions$283,064
Employer contribution per active participant$74
Average account balance$64,072
Benefits paid to participants$338,008
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$5.0M · 78 accts · $7K emplr
2023$4.5M · 122 accts · $15K emplr
2022$3.8M · 129 accts · $15K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$5,255
Total administrative$5,255
The Primus Software Corporation 401(k) match · 2024
Employer contribution per active participant$74
Median for plans this size$1,313
2024$74 per active participant
2023$159 per active participant
2022$118 per active participant

Primus Software Corporation'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
RETIREMENT PLAN ADMINISTRATORS, LLC · Contract administrator$6,366
CAPITAL GROUP RETIREMENT PLAN SVCS$2,575

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$5,255 · 0.11%
2023Not separately reported
2022$4,810 · 0.11%
Similar plansProfessional & Technical Services · Georgia
The Icebox Cool Stuff LLC GA$5.0M · 0.40%
Roi Healthcare Solutions GA$5.0M · 0.35%
Exploring Management LLC GA$4.8M · 0.20%
Asrt, Inc. GA$4.7M · 0.08%
Cady Studios, LLC GA$4.7M · 0.12%

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Source: U.S. Department of Labor, Form 5500 series, EIN 582227043 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.