Plan Ledger DOL Form 5500 · updated monthly

Prkk, LLC401(k)

PRKK, LLC RETIREMENT TRUST · ALTO, NM · plan year 2023

Reported admin expense ratio · 2023
0.14%

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

Prkk, LLC reported $14,841 in plan administrative expenses for 2023: 0.14% of average plan assets, below the peer median. Employer contributions averaged $9,704 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 $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other professional & technical services employers. By assets it is the 115th-largest of 290 plans among New Mexico employers on file, and 7,145th of 11,654 in professional & technical services. In 2023, employees put in $1.28 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$12,833,234
Participants with balances184
Active participants129
Employer contributions$1,251,860
Employee contributions$1,606,202
Employer contribution per active participant$9,704
Average account balance$69,746
Benefits paid to participants$577,962
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2024$0 · $714K emplr
2023$12.8M · 184 accts · $1.3M emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$14,253
Trustee / custodial$588
Total administrative$14,841
The Prkk, LLC 401(k) match · 2023
Employer contribution per active participant$9,704
Median for plans this size$2,440

Prkk, LLC's 2023 employer contribution ran above the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20231
DECIMAL, INC · Plan administrator · Recordkeeping$14,053

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

Recordkeeper by year2
2024DECIMAL, INC
2023DECIMAL, INC

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Administrative cost history2
2024Not separately reported
2023$14,841 · 0.14%
Similar plansProfessional & Technical Services · New Mexico
Techsource, Inc. NM$20.6M · 0.45%
Miller Engineers, Inc. NM$14.9M · 0.35%
Payday, Inc. NM$10.4M · 1.28%
Nmc, Inc. NM$10.3M · 0.13%

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Source: U.S. Department of Labor, Form 5500 series, EIN 203365564 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.