Plan Ledger DOL Form 5500 · updated monthly

Professional Management Enterprises, Inc.401(k)

PROFESSIONAL MANAGEMENT ENTERPRISES, INC. RETIREMENT READINESS PLAN · INDIANAPOLIS, IN · plan year 2024

Reported admin expense ratio · 2024
0.08%

Professional Management Enterprises, Inc. reported $1,494 in plan administrative expenses for 2024: 0.08% 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 fell from 0.12% to 0.08%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other administrative & support services employers. By assets it is among the smaller plans on file in Indiana (1,411th of 1,562), and 1,977th of 2,534 in administrative & support services. active participation has grown from 300 to 476 since 2022.

Plan summary
Net assets, end of year$1,861,060
Participants with balances133
Active participants476
Employer contributions—
Employee contributions$255,718
Employer contribution per active participant—
Average account balance$13,993
Benefits paid to participants$245,653
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$1.9M · 133 accts
2023$1.7M · 139 accts · $4K emplr
2022$1.5M · 139 accts · $34K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,494
Total administrative$1,494
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 · 20241
AMERICAN UNITED LIFE INSURANCE CO · Recordkeeping · Loan processing$1,194

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

Recordkeeper by year2
2024OneAmerica
2023OneAmerica

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$1,494 · 0.08%
2023$1,982 · 0.13%
2022$1,950 · 0.12%
Same employer
Similar plansAdministrative & Support Services · Indiana
Nxtthing Rpo, LLC IN$2.9M · 0.71%
Entech, Inc. IN$2.8M · 0.25%
Infraware, Inc. IN$2.8M · 0.09%
Morales Enterprises, Inc. IN$2.7M · 0.71%
Ssi Services LLC IN$1.5M · 0.01%
Pro Resources Inc. IN$1.5M · 1.63%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 204024802 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.