Plan Ledger DOL Form 5500 · updated monthly

PROJECT44, Inc.401(k)

PROJECT44, INC. 401(K) PLAN · CHICAGO, IL · plan year 2024

Reported admin expense ratio · 2024
0.55%

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

PROJECT44, Inc. reported $97,182 in plan administrative expenses for 2024: 0.55% of average plan assets, higher than ~75% of peers. Employer contributions averaged $9 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 fell from 0.65% to 0.55%. 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 1,757th-largest of 3,702 plans among Illinois employers on file, and the 5,788th of 11,654 in professional & technical services. In 2024, employees put in $1759.31 for every $1.00 the employer contributed; active participation has shrunk from 452 to 218 since 2022.

Plan summary
Net assets, end of year$18,680,302
Participants with balances399
Active participants218
Employer contributions$1,858
Employee contributions$3,268,790
Employer contribution per active participant$9
Average account balance$46,818
Benefits paid to participants$4,261,258
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$18.7M · 399 accts · $2K emplr
2023$16.6M · 437 accts
2022$12.8M · 531 accts · $2K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$61,266
Investment management$35,916
Total administrative$97,182
The PROJECT44, Inc. 401(k) match · 2024
Employer contribution per active participant$9
Median for plans this size$2,416
2024$9 per active participant
2022$5 per active participant

PROJECT44, 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 · 20242
MMA SECURITIES LLC · Investment advisory (plan)$35,916

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$97,182 · 0.55%
2023$82,439 · 0.56%
2022$65,790 · 0.65%
Same employer
Similar plansProfessional & Technical Services · Illinois
Krd, LTD. IL$19.3M · 0.05%
Cotter Consulting, Inc. IL$18.9M · 0.31%
Dept Growth Marketing, Inc. IL$18.7M · 0.09%
Cority Software (USA) Inc. IL$18.6M · 0.16%
IT Soft USA Inc. IL$18.6M · 0.28%

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Source: U.S. Department of Labor, Form 5500 series, EIN 812970923 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.