Plan Ledger DOL Form 5500 · updated monthly

Priority Technology Holdings, Inc.401(k)

PRIORITY TECHNOLOGY HOLDINGS, INC. 401K PLAN · ALPHARETTA, GA · plan year 2024

Reported admin expense ratio · 2024
0.40%

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

Priority Technology Holdings, Inc. reported $133,970 in plan administrative expenses for 2024: 0.40% of average plan assets, above the peer median. Employer contributions averaged $3,752 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 fell from 0.57% to 0.40%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other finance & insurance employers. By assets it is the 589th-largest of 2,160 plans among Georgia employers on file, and the 2,113th of 4,798 in finance & insurance. In 2024, employees put in $1.87 for every $1.00 the employer contributed; active participation has grown from 477 to 605 since 2022.

Plan summary
Net assets, end of year$36,553,299
Participants with balances733
Active participants605
Employer contributions$2,270,178
Employee contributions$4,246,713
Employer contribution per active participant$3,752
Average account balance$49,868
Benefits paid to participants$5,013,975
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$36.6M · 733 accts · $2.3M emplr
2023$30.4M · 757 accts · $3.2M emplr
2022$18.3M · 683 accts · $1.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$130,951
Investment management$219
Total administrative$133,970
The Priority Technology Holdings, Inc. 401(k) match · 2024
Employer contribution per active participant$3,752
Median for plans this size$2,416
2024$3,752 per active participant
2023$5,412 per active participant
2022$2,540 per active participant

Priority Technology Holdings, Inc.'s 2024 employer contribution ran above the $2,416 median for plans its size. 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
VOYA RETIREMENT INSURANCE & ANNUITY · Investment advisory (participants)$133,970
CREATIVE PLANNING HOLD CO, LLCindirect comp

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$133,970 · 0.40%
2023$129,282 · 0.53%
2022$111,719 · 0.57%
Same employer
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Source: U.S. Department of Labor, Form 5500 series, EIN 474257046 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.