Plan Ledger DOL Form 5500 · updated monthly

Procom Consulting Inc.401(k)

PROCOM CONSULTING INC. 401K PLAN · ALPHARETTA, GA · plan year 2022

Reported admin expense ratio · 2022
0.08%

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

Procom Consulting Inc. reported $3,653 in plan administrative expenses for 2022: 0.08% of average plan assets, lower than ~75% of peers. Employer contributions averaged $0 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 1 year on file its reported administrative ratio rose from 0.08% to 0.19%. 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 Georgia (1,654th of 2,160), and 9,934th of 11,654 in professional & technical services.

Plan summary
Net assets, end of year$4,645,217
Participants with balances106
Active participants140
Employer contributions$0
Employee contributions$1,199,634
Employer contribution per active participant$0
Average account balance$43,823
Benefits paid to participants$703,256
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$101K · 8 accts
2022$4.6M · 106 accts
The Procom Consulting Inc. 401(k) match · 2022
Employer contribution per active participant$0
Median for plans this size$1,114

Procom Consulting Inc.'s 2022 employer contribution ran below the $1,114 median for plans its size, in the bottom 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 history2
2023$4,488 · 0.19%
2022$3,653 · 0.08%
Same employer
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Source: U.S. Department of Labor, Form 5500 series, EIN 582452658 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.