Plan Ledger DOL Form 5500 · updated monthly

Process Plus, LLC401(k)

PROCESS PLUS 401(K) RETIREMENT SAVINGS PLAN · CINCINNATI, OH · plan year 2022

Reported admin expense ratio · 2022
0.18%

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

Process Plus, LLC reported $48,795 in plan administrative expenses for 2022: 0.18% of average plan assets, below the peer median. Employer contributions averaged $2,625 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 $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other professional & technical services employers. By assets it is the 1,167th-largest of 3,295 plans among Ohio employers on file, and the 4,932nd of 11,654 in professional & technical services. In 2022, employees put in $3.95 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$23,817,451
Participants with balances202
Active participants169
Employer contributions$443,637
Employee contributions$1,751,064
Employer contribution per active participant$2,625
Average account balance$117,908
Benefits paid to participants$3,194,843
Plan auditUnmodified (clean) audit opinion
AuditorATLAS CPAS & ADVISORS, PLLC
Plan history2
Yearassets · accounts · employer contribution
2023$0 · $298K emplr
2022$23.8M · 202 accts · $444K emplr
The Process Plus, LLC 401(k) match · 2022
Employer contribution per active participant$2,625
Median for plans this size$2,266

Process Plus, LLC's 2022 employer contribution ran above the $2,266 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 history2
2023Not separately reported
2022$48,795 · 0.18%
Similar plansProfessional & Technical Services · Ohio
Good Place Holdings Co. OH$24.6M · 0.37%
Revlocal, LLC OH$24.0M · 0.40%
Landrum and Brown, Inc. OH$23.9M · 0.23%
Steed Hammond Paul, Inc. OH$23.6M · 0.31%
Comresource, Inc. OH$23.1M · 0.19%
Proscan Imaging, LLC OH$22.4M · 0.03%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 351981050 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.