Plan Ledger DOL Form 5500 · updated monthly

Proenergy Service LLC401(k)

PROENERGY SERVICE 401(K) PLAN · SEDALIA, MO · plan year 2024

Reported admin expense ratio · 2024
0.38%

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

Proenergy Service LLC reported $138,125 in plan administrative expenses for 2024: 0.38% of average plan assets, above the peer median. Employer contributions averaged $2,147 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 rose from 0.33% to 0.38%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 381st-largest of 1,393 plans among Missouri employers on file, and the 3,730th of 13,661 in manufacturing. In 2024, employees put in $3.57 for every $1.00 the employer contributed; active participation has grown from 484 to 554 since 2022.

Plan summary
Net assets, end of year$39,301,891
Participants with balances616
Active participants554
Employer contributions$1,189,473
Employee contributions$4,248,686
Employer contribution per active participant$2,147
Average account balance$63,802
Benefits paid to participants$3,662,004
Plan auditUnmodified (clean) audit opinion
AuditorGRANT THORNTON, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$39.3M · 616 accts · $1.2M emplr
2023$33.1M · 594 accts · $1.2M emplr
2022$25.9M · 518 accts · $1.0M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$44,570
Investment management$93,555
Total administrative$138,125
The Proenergy Service LLC 401(k) match · 2024
Employer contribution per active participant$2,147
Median for plans this size$2,416
2024$2,147 per active participant
2023$2,305 per active participant
2022$2,129 per active participant

Proenergy Service LLC's 2024 employer contribution ran below 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
MERRILL LYNCH PIERCE FENNER & SMITH · Investment advisory (plan)$51,641
EMPOWER ADVISORY GROUP, LLC · Investment management$41,914

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$138,125 · 0.38%
2023$114,133 · 0.39%
2022$86,347 · 0.33%
Same employer
Similar plansManufacturing · Missouri
Loren Cook Company MO$43.3M · 0.03%
Elantas Pdg, Inc MO$41.1M · 0.08%
Essex Industries, Inc. MO$38.5M · 0.13%
Bull Moose Tube Company MO$38.0M · 0.16%
Patriot Machine Inc. MO$36.2M · 0.18%

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Source: U.S. Department of Labor, Form 5500 series, EIN 010691758 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.