Plan Ledger DOL Form 5500 · updated monthly

Procom Services America, Inc.401(k)

PROCOM SERVICES 401(K) PLAN · CARY, NC · plan year 2024

Reported admin expense ratio · 2024
0.01%

Procom Services America, Inc. reported $1,321 in plan administrative expenses for 2024: 0.01% of average plan assets, lower than ~75% of peers. 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 2 years on file its reported administrative ratio rose from 0.008% to 0.011%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 968th-largest of 2,005 plans among North Carolina employers on file, and 7,126th of 11,654 in professional & technical services. active participation has grown from 579 to 778 since 2022.

Plan summary
Net assets, end of year$12,895,388
Participants with balances332
Active participants778
Employer contributions—
Employee contributions$1,768,533
Employer contribution per active participant—
Average account balance$38,842
Benefits paid to participants$1,529,083
Plan auditUnmodified (clean) audit opinion
AuditorJEFFREY L. OFFHAUS CPA LLC
Plan history3
Yearassets · accounts · employer contribution
2024$12.9M · 332 accts
2023$10.6M · 323 accts
2022$9.0M · 325 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,321
Total administrative$1,321
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
ADP, INC. · Investment advisory (participants) · Other services$1,321
ADP BROKER-DEALER · Other servicesindirect 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$1,321 · 0.01%
2023$978 · 0.01%
2022$746 · 0.01%
Same employer
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Roi Revolution, Inc NC$13.7M · 0.45%
Teall Capital Partners LLC NC$13.1M · 0.87%
Commercetools, Inc. NC$12.9M · 0.04%
The Logistics Company, Inc. NC$12.6M · 0.79%
Metametrics, Inc. NC$12.6M · 0.50%
Cline Design Associates PA NC$12.5M · 0.58%

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Source: U.S. Department of Labor, Form 5500 series, EIN 752768694 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.