Plan Ledger DOL Form 5500 · updated monthly

Proctoru Inc dba Proctoru401(k)

PROCTORU 401(K) PLAN · DURHAM, NC · plan year 2024

Reported admin expense ratio · 2024
0.46%

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

Proctoru Inc dba Proctoru reported $84,240 in plan administrative expenses for 2024: 0.46% of average plan assets, above the peer median. Employer contributions averaged $3,436 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 fell from 0.82% to 0.46%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other educational services employers. By assets it is the 687th-largest of 2,005 plans among North Carolina employers on file, and the 1,521st of 3,091 in educational services. In 2024, employees put in $2.20 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$22,207,027
Participants with balances318
Active participants283
Employer contributions$972,425
Employee contributions$2,141,180
Employer contribution per active participant$3,436
Average account balance$69,833
Benefits paid to participants$2,526,364
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$22.2M · 318 accts · $972K emplr
2023$14.5M · 258 accts · $763K emplr
2022$9.7M · 243 accts · $653K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$16,818
Investment management$67,422
Total administrative$84,240
The Proctoru Inc dba Proctoru 401(k) match · 2024
Employer contribution per active participant$3,436
Median for plans this size$2,416
2024$3,436 per active participant
2023$2,857 per active participant
2022$2,464 per active participant

Proctoru Inc dba Proctoru'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 · 20243
ONEDIGITAL INVESTMENT ADVISORS LLC · Investment advisory (plan)$57,508
RESOURCES INVESTMENT ADVISORS, LLC · Investment management$9,914

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$84,240 · 0.46%
2023$67,642 · 0.56%
2022$71,891 · 0.82%
Same employer
Similar plansEducational Services · North Carolina
Salem Academy and College NC$24.2M · 0.16%
Greensboro College Inc NC$24.1M · 0.03%
Carolina Friends School NC$23.8M · 0.11%
William Peace University NC$22.7M · 0.27%
Measurement Incorporated NC$22.1M · 0.19%
Saint Marys School NC$20.4M · 0.02%
Brevard College Corporation NC$19.7M · 0.03%
Lincoln Charter School NC$17.4M · 0.71%

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Source: U.S. Department of Labor, Form 5500 series, EIN 271893486 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.