Plan Ledger DOL Form 5500 · updated monthly

Professional Probation Services, Inc.401(k)

PROFESSIONAL PROBATION SERVICES, INC. 401(K) PLAN · BUFORD, GA · plan year 2022

Reported admin expense ratio · 2022
1.64%

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

Professional Probation Services, Inc. reported $22,825 in plan administrative expenses for 2022: 1.64% of average plan assets, higher than ~90% of peers. Employer contributions averaged $200 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Georgia (2,014th of 2,160), and 11,157th of 11,654 in professional & technical services. In 2022, employees put in $3.23 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,265,566
Participants with balances72
Active participants180
Employer contributions$35,983
Employee contributions$116,331
Employer contribution per active participant$200
Average account balance$17,577
Benefits paid to participants$120,985
Plan auditUnmodified (clean) audit opinion
AuditorMCMULLAN & COMPANY, CPA'S
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$19,904
Professional / advisory$2,921
Total administrative$22,825
The Professional Probation Services, Inc. 401(k) match · 2022
Employer contribution per active participant$200
Median for plans this size$1,114

Professional Probation Services, Inc.'s 2022 employer contribution ran below the $1,114 median for plans its size, in the bottom quarter of its peers. 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$22,825 · 1.64%
Same employer
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Source: U.S. Department of Labor, Form 5500 series, EIN 582011227 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.