Plan Ledger DOL Form 5500 · updated monthly

Pro Automated Inc401(k)

PRO AUTOMATED INC 401K PROFIT SHARING PLAN TRUST · NEWARK, DE · plan year 2024

Reported admin expense ratio · 2024
0.32%

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

Pro Automated Inc reported $16,880 in plan administrative expenses for 2024: 0.32% of average plan assets, below the peer median. Employer contributions averaged $1,768 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 0.39% to 0.32%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Delaware (184th of 242), and 9,443rd of 11,654 in professional & technical services. In 2024, employees put in $2.79 for every $1.00 the employer contributed; active participation has shrunk from 177 to 138 since 2022.

Plan summary
Net assets, end of year$5,892,285
Participants with balances159
Active participants138
Employer contributions$243,919
Employee contributions$681,161
Employer contribution per active participant$1,768
Average account balance$37,058
Benefits paid to participants$541,044
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$5.9M · 159 accts · $244K emplr
2023$4.7M · 158 accts · $266K emplr
2022$3.4M · 163 accts · $203K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$15,355
Investment management$1,525
Total administrative$16,880
The Pro Automated Inc 401(k) match · 2024
Employer contribution per active participant$1,768
Median for plans this size$1,313
2024$1,768 per active participant
2023$1,675 per active participant
2022$1,145 per active participant

Pro Automated Inc's 2024 employer contribution ran above the $1,313 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 · 20241
DECIMAL, INC. · Plan administrator · Recordkeepingindirect comp

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 history3
2024$16,880 · 0.32%
2023$16,307 · 0.40%
2022$12,847 · 0.39%
Same employer
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Source: U.S. Department of Labor, Form 5500 series, EIN 450549593 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.