Plan Ledger DOL Form 5500 · updated monthly

Procon Consulting, LLC401(k)

PROCON CONSULTING, LLC 401(K) PLAN · MCLEAN, VA · plan year 2024

Reported admin expense ratio · 2024
0.05%

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

Procon Consulting, LLC reported $7,748 in plan administrative expenses for 2024: 0.05% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,919 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 2 years on file its reported administrative ratio has held roughly steady near 0.049%. 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 1,073rd-largest of 2,266 plans among Virginia employers on file, and 5,991st of 11,654 in professional & technical services. In 2024, employees put in $2.36 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$17,650,106
Participants with balances161
Active participants216
Employer contributions$630,521
Employee contributions$1,486,868
Employer contribution per active participant$2,919
Average account balance$109,628
Benefits paid to participants$1,330,514
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2024$17.7M · 161 accts · $631K emplr
2023$13.7M · 152 accts · $734K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$7,748
Total administrative$7,748
The Procon Consulting, LLC 401(k) match · 2024
Employer contribution per active participant$2,919
Median for plans this size$2,416
2024$2,919 per active participant
2023$4,764 per active participant

Procon Consulting, LLC'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 · 202410
T. ROWE PRICE RPS, INC. · Recordkeeping · Trustee$7,748
FIDELITY · Investment managementindirect comp
FRANKLIN TEMPLETON · Investment managementindirect comp
AMERICAN CENTURY INVESTMENT MANAGEM · Investment managementindirect comp
OAKMARK · Investment managementindirect comp
NEWBERGER BERMAN · Investment managementindirect comp
FIRST EAGLE FUNDS · Investment managementindirect comp
TCW · Investment managementindirect comp
VANGUARD GROUP · Investment managementindirect comp
DODGE & COX · Investment managementindirect comp

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

Recordkeeper by year2
2024T. Rowe Price
2023T. Rowe Price

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Administrative cost history2
2024$7,748 · 0.05%
2023$5,688 · 0.05%
Same employer
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Spry Methods, Inc VA$18.3M · 0.61%
Symplicity Corporation VA$18.2M · 0.43%
Asi Government, Inc. VA$17.9M · 0.37%
Rmc 2021 LLC VA$17.4M · 0.55%
Piper Companies VA$17.2M · 0.40%

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Source: U.S. Department of Labor, Form 5500 series, EIN 541981434 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.