Plan Ledger DOL Form 5500 · updated monthly

Profund Advisors LLC401(k)

PROFUND ADVISORS LLC · BETHESDA, MD · plan year 2024

Reported admin expense ratio · 2024
0.20%

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

Profund Advisors LLC reported $117,526 in plan administrative expenses for 2024: 0.20% of average plan assets, above the peer median. Employer contributions averaged $4,848 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 1 year on file its reported administrative ratio rose from 0.05% to 0.20%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other finance & insurance employers. By assets it is the 258th-largest of 1,671 plans among Maryland employers on file, and the 1,365th of 4,798 in finance & insurance. In 2024, employees put in $3.28 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$65,312,874
Participants with balances226
Active participants156
Employer contributions$756,338
Employee contributions$2,479,172
Employer contribution per active participant$4,848
Average account balance$288,995
Benefits paid to participants$2,834,655
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$65.3M · 226 accts · $756K emplr
2023$52.4M · 215 accts · $703K emplr
2022$40.0M · 212 accts · $651K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$50,124
Investment management$67,402
Total administrative$117,526
The Profund Advisors LLC 401(k) match · 2024
Employer contribution per active participant$4,848
Median for plans this size$3,635
2024$4,848 per active participant
2023$4,750 per active participant
2022$4,431 per active participant

Profund Advisors LLC's 2024 employer contribution ran above the $3,635 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 · 20242
NFP RETIREMENT INC · Investment advisory (plan)$67,402
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$50,178

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$117,526 · 0.20%
2023$24,337 · 0.05%
2022Not separately reported
Same employer
Similar plansFinance & Insurance · Maryland
NASA Federal Credit Union MD$71.7M · 0.29%
Eaglebank MD$66.0M · 0.19%
Nfm, Inc. MD$63.1M · 0.29%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 522035194 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.