Plan Ledger DOL Form 5500 · updated monthly

Probi USA, Inc.401(k)

PROBI USA, INC. 401(K) P/S PLAN · REDMOND, WA · plan year 2022

Reported admin expense ratio · 2022
0.53%

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

Probi USA, Inc. reported $25,115 in plan administrative expenses for 2022: 0.53% of average plan assets, above the peer median. Employer contributions averaged $2,118 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 $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Washington (1,395th of 1,714), and 10,027th of 11,654 in professional & technical services. In 2022, employees put in $2.16 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$4,395,929
Participants with balances98
Active participants81
Employer contributions$171,519
Employee contributions$371,140
Employer contribution per active participant$2,118
Average account balance$44,856
Benefits paid to participants$433,981
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$25,115
Total administrative$25,115
The Probi USA, Inc. 401(k) match · 2022
Employer contribution per active participant$2,118
Median for plans this size$1,114

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

Administrative cost history1
2022$25,115 · 0.53%
Same employer
Similar plansProfessional & Technical Services · Washington
Weinstein & Riley, P.S. WA$4.5M · 0.00%
Gravis Law, PLLC WA$4.2M · 1.13%

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Source: U.S. Department of Labor, Form 5500 series, EIN 812766100 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.