Plan Ledger DOL Form 5500 · updated monthly

PRIORITY-1, Inc.401(k)

PRIORITY-1, INC. 401(K) AND PROFIT SHARING PLAN · LITTLE ROCK, AR · plan year 2024

Reported admin expense ratio · 2024
0.13%

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

PRIORITY-1, Inc. reported $70,329 in plan administrative expenses for 2024: 0.13% of average plan assets, below the peer median. Employer contributions averaged $9,621 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.

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 71st-largest of 456 plans among Arkansas employers on file, and the 753rd of 4,246 in wholesale trade. In 2024, the employer put in $2.83 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$54,128,426
Participants with balances1,059
Active participants858
Employer contributions$8,255,213
Employee contributions$2,912,900
Employer contribution per active participant$9,621
Average account balance$51,113
Benefits paid to participants$2,278,194
Plan auditUnmodified (clean) audit opinion
AuditorHCJ CPAS & ADVISORS, PLLC
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$28,404
Investment management$41,925
Total administrative$70,329
The PRIORITY-1, Inc. 401(k) match · 2024
Employer contribution per active participant$9,621
Median for plans this size$3,635

PRIORITY-1, Inc.'s 2024 employer contribution ran above the $3,635 median for plans its size, placing it in the top 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 · 20243
SCHWAB RETIREMENT PLAN SERVICES,INC · Recordkeeping$28,404
CREATIVE PLANNING HOLDCO LLC · Investment management$41,925

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

Administrative cost history1
2024$70,329 · 0.13%
Same employer
Similar plansWholesale Trade · Arkansas
Priority Wire & Cable, Inc. AR$97.7M · 0.22%
Holden Conner Conmac, LLC AR$54.8M · 0.05%
Outdoor Cap Company, Inc. AR$40.5M · 0.06%
Dyke Industries, Inc AR$36.0M · 0.55%
The Harvest Group, LLC. AR$31.5M · 0.07%

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Source: U.S. Department of Labor, Form 5500 series, EIN 710790065 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.