Plan Ledger DOL Form 5500 · updated monthly

Priority HR I LLC401(k)

PRIORITY HR RETIREMENT SAVINGS PLAN · TAMPA, FL · plan year 2024

Reported admin expense ratio · 2024
0.02%

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

Priority HR I LLC reported $649 in plan administrative expenses for 2024: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $320 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 $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 Florida (2,836th of 3,644), and 1,714th of 2,534 in administrative & support services. In 2024, employees put in $1.49 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$3,257,006
Participants with balances114
Active participants246
Employer contributions$78,602
Employee contributions$117,250
Employer contribution per active participant$320
Average account balance$28,570
Benefits paid to participants$8,729
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$381
Trustee / custodial$268
Total administrative$649
The Priority HR I LLC 401(k) match · 2024
Employer contribution per active participant$320
Median for plans this size$1,313

Priority HR I LLC'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 · 20241
CHARLES SCHWAB BANK · Custodial (securities) · Trustee (directed)$268

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$649 · 0.02%
Similar plansAdministrative & Support Services · Florida
Applicant Insight, Inc FL$3.6M · 0.40%
Wecare Tlc, LLC FL$3.2M · 1.78%
Csi International, Inc. FL$3.1M · 0.07%
Dynaserv Florida LLC FL$3.1M · 0.64%

Why are you looking at this plan?

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Source: U.S. Department of Labor, Form 5500 series, EIN 453700838 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.