Plan Ledger DOL Form 5500 · updated monthly

Process Service Specialists, L.L.C.401(k)

PROCESS SERVICE SPECIALISTS 401(K) PLAN · GONZALES, LA · plan year 2022

Reported admin expense ratio · 2022
1.13%

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

Process Service Specialists, L.L.C. reported $25,006 in plan administrative expenses for 2022: 1.13% of average plan assets, higher than ~90% of peers. Employer contributions averaged $668 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 other services employers. By assets it is among the smaller plans on file in Louisiana (746th of 884), and 2,810th of 3,341 in other services. In 2022, employees put in $1.74 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,262,691
Participants with balances50
Active participants293
Employer contributions$195,764
Employee contributions$340,933
Employer contribution per active participant$668
Average account balance$45,254
Benefits paid to participants$23,663
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$25,006
Total administrative$25,006
The Process Service Specialists, L.L.C. 401(k) match · 2022
Employer contribution per active participant$668
Median for plans this size$1,114

Process Service Specialists, L.L.C.'s 2022 employer contribution ran below the $1,114 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 history1
2022$25,006 · 1.13%
Similar plansOther Services · Louisiana
The Arc Caddo-Bossier LA$3.4M · 0.10%
Excelth, Incorporated LA$2.8M · 0.04%
Arise Academy LA$2.8M · 1.18%
Dean Equipment, Inc LA$2.5M · 0.10%
Burner Fire Control Inc. LA$2.2M · 0.46%
B & S Equipment Co Inc LA$1.3M · 1.89%

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Source: U.S. Department of Labor, Form 5500 series, EIN 824715537 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.