Plan Ledger DOL Form 5500 · updated monthly

Prl, Inc.401(k)

PRL, INC. 401(K) PLAN · CORNWALL, PA · plan year 2022

Reported admin expense ratio · 2022
0.44%

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

Prl, Inc. reported $43,654 in plan administrative expenses for 2022: 0.44% of average plan assets, below the peer median. Employer contributions averaged $1,314 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 0.44% to 0.33%. The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Pennsylvania (2,455th of 3,651), and 9,409th of 13,661 in manufacturing. In 2022, employees put in $3.58 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$8,571,870
Participants with balances144
Active participants133
Employer contributions$174,743
Employee contributions$625,612
Employer contribution per active participant$1,314
Average account balance$59,527
Benefits paid to participants$1,428,858
Plan auditUnmodified (clean) audit opinion
AuditorFIONDELLA, MILONE LASARACINA
Plan history3
Yearassets · accounts · employer contribution
2024$7.6M · 124 accts · $151K emplr
2023$7.8M · 144 accts · $178K emplr
2022$8.6M · 144 accts · $175K emplr
Administrative expenses, itemized · 2022
Professional / advisory$43,654
Total administrative$43,654
The Prl, Inc. 401(k) match · 2022
Employer contribution per active participant$1,314
Median for plans this size$1,114
2024$1,119 per active participant
2023$1,468 per active participant
2022$1,314 per active participant

Prl, Inc.'s 2022 employer contribution ran above the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history3
2024$25,799 · 0.33%
2023$38,691 · 0.47%
2022$43,654 · 0.44%
Similar plansManufacturing · Pennsylvania
Northway Industries, Inc. PA$8.6M · 0.08%
Shellback Holdings, LLC PA$8.6M · 0.53%
Meridian Products, LLC PA$8.5M · 0.77%
Moldamatic, LLC PA$8.4M · 0.54%
Viwinco, Inc. PA$8.2M · 0.08%

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Source: U.S. Department of Labor, Form 5500 series, EIN 232341561 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.