Plan Ledger DOL Form 5500 · updated monthly

Professional Project Services, Inc401(k)

PRO2SERVE 401(K) PLAN · OAK RIDGE, TN · plan year 2024

Reported admin expense ratio · 2024
0.17%

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

Professional Project Services, Inc reported $65,336 in plan administrative expenses for 2024: 0.17% of average plan assets, below the peer median. Employer contributions averaged $7 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 0.14% to 0.17%. 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 336th-largest of 1,496 plans among Tennessee employers on file, and the 3,338th of 11,654 in professional & technical services. In 2024, employees put in $1750.60 for every $1.00 the employer contributed; active participation has grown from 265 to 298 since 2022.

Plan summary
Net assets, end of year$39,403,781
Participants with balances413
Active participants298
Employer contributions$1,960
Employee contributions$3,431,185
Employer contribution per active participant$7
Average account balance$95,409
Benefits paid to participants$8,680,124
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$39.4M · 413 accts · $2K emplr
2023$39.3M · 414 accts
2022$34.3M · 399 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$65,336
Total administrative$65,336
The Professional Project Services, Inc 401(k) match · 2024
Employer contribution per active participant$7
Median for plans this size$2,416

Professional Project Services, Inc's 2024 employer contribution ran below the $2,416 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$65,330
MORNINGSTAR INVESTMENT MANAGEMENT L · Investment advisory (participants)indirect comp
WILSHIRE ADVISORS LLC · Investment advisory (plan)indirect comp

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$65,336 · 0.17%
2023$58,191 · 0.16%
2022$55,251 · 0.14%
All plans at this employer2
PRO2SERVE 401(K) PLAN401(k)
PRO2SERVE EMPLOYEE STOCK OWNERSHIP PLANESOP
Same employer
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Source: U.S. Department of Labor, Form 5500 series, EIN 621661329 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.