Plan Ledger DOL Form 5500 · updated monthly

Priority Power Management, L.L.C.401(k)

PRIORITY POWER MANAGEMENT, L.L.C., 401(K) PROFIT SHARING PLAN · ARLINGTON, TX · plan year 2024

Reported admin expense ratio · 2024
0.47%

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

Priority Power Management, L.L.C. reported $114,443 in plan administrative expenses for 2024: 0.47% of average plan assets, higher than ~75% of peers. Employer contributions averaged $5,863 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 has held roughly steady near 0.47%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 1,647th-largest of 5,688 plans among Texas employers on file, and the 4,450th of 11,654 in professional & technical services. In 2024, employees put in $2.11 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$27,410,862
Participants with balances238
Active participants213
Employer contributions$1,248,741
Employee contributions$2,631,036
Employer contribution per active participant$5,863
Average account balance$115,172
Benefits paid to participants$1,177,737
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2024$27.4M · 238 accts · $1.2M emplr
2023$21.0M · 183 accts · $1.0M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$114,443
Total administrative$114,443
The Priority Power Management, L.L.C. 401(k) match · 2024
Employer contribution per active participant$5,863
Median for plans this size$2,416
2024$5,863 per active participant
2023$5,000 per active participant

Priority Power Management, L.L.C.'s 2024 employer contribution ran above the $2,416 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
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$114,442
PENSION RESOURCES CORPORATION · Other servicesindirect comp
UBS FINANCIAL SERVICES INC · Investment advisory (plan)indirect comp

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

Administrative cost history2
2024$114,443 · 0.47%
2023$82,587 · 0.46%
Same employer
Similar plansProfessional & Technical Services · Texas
Axiom Space, Inc. TX$27.7M · 0.04%
Fmc Services, LLC TX$27.7M · 0.50%
Shiftkey, LLC TX$27.5M · 0.07%
Brunel Energy, Inc. TX$27.3M · 0.50%
Cantey Hanger LLP TX$27.0M · 0.09%
Cooper & Scully, P.C. TX$26.9M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 752919300 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.