Plan Ledger DOL Form 5500 · updated monthly

Professional Translating Service401(k)

PROFESSIONAL TRANSLATING SERVICES INC. 401K PLAN · ATLANTA, GA · plan year 2023

Reported admin expense ratio · 2023
0.75%

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

Professional Translating Service reported $55,053 in plan administrative expenses for 2023: 0.75% of average plan assets, above the peer median. Employer contributions averaged $2,227 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 has held roughly steady near 0.75%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Georgia (1,363rd of 2,160), and 8,603rd of 11,654 in professional & technical services. In 2023, employees put in $1.93 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$8,214,987
Participants with balances176
Active participants170
Employer contributions$378,533
Employee contributions$729,189
Employer contribution per active participant$2,227
Average account balance$46,676
Benefits paid to participants$485,715
Plan auditUnmodified (clean) audit opinion
AuditorCOSURGE LLC
Plan history2
Yearassets · accounts · employer contribution
2023$8.2M · 176 accts · $379K emplr
2022$6.5M · 178 accts · $411K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$21,578
Investment management$33,475
Total administrative$55,053
The Professional Translating Service 401(k) match · 2023
Employer contribution per active participant$2,227
Median for plans this size$1,308
2023$2,227 per active participant
2022$2,097 per active participant

Professional Translating Service's 2023 employer contribution ran above the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20233
MERRILL LYNCH PIERCE FENNER & SMITH · Recordkeeping · Pension consulting$33,475
ADP, INC. · Loan processing · Recordkeeping$21,578
ADP BROKER-DEALER · Other servicesindirect comp

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

Administrative cost history2
2023$55,053 · 0.75%
2022$53,393 · 0.78%
Similar plansProfessional & Technical Services · Georgia
Meritage Healthcare, LLC GA$8.5M · 0.41%
Bluewater Energy, Inc. GA$8.3M · 0.32%
Chc Technology, LLC GA$8.2M · 0.43%
Serv IT, Inc. GA$8.2M · 0.15%
PHASE3 Media, LLC GA$8.1M · 0.81%

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Source: U.S. Department of Labor, Form 5500 series, EIN 561567380 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.