Plan Ledger DOL Form 5500 · updated monthly

Pro-Mark LLC401(k)

PRO-MARK LLC 401(K) PROFIT SHARING PLAN · NORTH SALT LAKE, UT · plan year 2024

Reported admin expense ratio · 2024
0.21%

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

Pro-Mark LLC reported $80,674 in plan administrative expenses for 2024: 0.21% of average plan assets, below the peer median. Employer contributions averaged $4,365 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 0.24% to 0.21%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 175th-largest of 848 plans among Utah employers on file, and the 3,720th of 13,661 in manufacturing. In 2024, employees put in $1.46 for every $1.00 the employer contributed; active participation has shrunk from 288 to 246 since 2022.

Plan summary
Net assets, end of year$39,471,633
Participants with balances269
Active participants246
Employer contributions$1,073,693
Employee contributions$1,572,386
Employer contribution per active participant$4,365
Average account balance$146,735
Benefits paid to participants$4,190,633
Plan auditUnmodified (clean) audit opinion
AuditorJONES SIMKINS LLC
Plan history3
Yearassets · accounts · employer contribution
2024$39.5M · 269 accts · $1.1M emplr
2023$36.3M · 265 accts · $1.1M emplr
2022$33.6M · 263 accts · $1.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$80,674
Total administrative$80,674
The Pro-Mark LLC 401(k) match · 2024
Employer contribution per active participant$4,365
Median for plans this size$2,416
2024$4,365 per active participant
2023$4,390 per active participant
2022$3,848 per active participant

Pro-Mark LLC'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 · 20241

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

Recordkeeper by year2
2024Bank of America / Merrill
2023Bank of America / Merrill

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$80,674 · 0.21%
2023$79,745 · 0.23%
2022$83,790 · 0.24%
Same employer
Similar plansManufacturing · Utah
Hirevue, Inc. UT$41.1M · 0.19%
Purple Innovation, LLC UT$40.4M · 0.21%
US Magnesium LLC UT$39.9M · 0.22%
Packsize LLC UT$37.6M · 0.32%
Petersen, Inc. UT$37.4M · 0.51%
Traeger Pellet Grills, LLC UT$37.2M · 0.41%

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Source: U.S. Department of Labor, Form 5500 series, EIN 870290790 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.