Plan Ledger DOL Form 5500 · updated monthly

Process Insights, Inc.401(k)

PROCESS INSIGHTS, INC. EMPLOYEES' PROFIT SHARING AND 401(K) PLAN · YAPHANK, NY · plan year 2024

Reported admin expense ratio · 2024
0.01%

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

Process Insights, Inc. reported $1,281 in plan administrative expenses for 2024: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,781 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 3 years on file its reported administrative ratio has held roughly steady near 0.008%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 2,758th-largest of 5,648 plans among New York employers on file, and the 4,128th of 11,911 in health care & social assistance. In 2024, employees put in $3.50 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$17,027,148
Participants with balances183
Active participants206
Employer contributions$572,941
Employee contributions$2,003,260
Employer contribution per active participant$2,781
Average account balance$93,045
Benefits paid to participants$3,612,463
Plan auditUnmodified (clean) audit opinion
AuditorQRGA, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$17.0M · 183 accts · $573K emplr
2023$15.9M · 202 accts · $525K emplr
2022$12.3M · 187 accts · $378K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,281
Total administrative$1,281
The Process Insights, Inc. 401(k) match · 2024
Employer contribution per active participant$2,781
Median for plans this size$2,416
2024$2,781 per active participant
2023$2,367 per active participant
2022$1,890 per active participant

Process Insights, Inc.'s 2024 employer contribution ran above the $2,416 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 · 20242
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processingindirect comp
LPL FINANCIAL LLCindirect comp

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

Administrative cost history3
2024$1,281 · 0.01%
2023$1,025 · 0.01%
2022$919 · 0.01%
Same employer
Similar plansHealth Care & Social Assistance · New York
Refuah Health Center, Inc. NY$17.2M · 0.51%
Eac, Inc NY$16.8M · 0.14%
Advanced Dermatology, P.C. NY$16.5M · 0.31%

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Source: U.S. Department of Labor, Form 5500 series, EIN 822531633 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.