Plan Ledger DOL Form 5500 · updated monthly

Projectxyz, Inc.401(k)

PROJECTXYZ, INC. RETIREMENT PLAN · HUNTSVILLE, AL · plan year 2024

Reported admin expense ratio · 2024
0.04%

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

Projectxyz, Inc. reported $3,831 in plan administrative expenses for 2024: 0.04% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,671 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 0.03% to 0.04%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Alabama (471st of 902), and 8,072nd of 11,654 in professional & technical services. In 2024, employees put in $2.01 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$9,729,891
Participants with balances234
Active participants378
Employer contributions$631,718
Employee contributions$1,271,767
Employer contribution per active participant$1,671
Average account balance$41,581
Benefits paid to participants$2,447,169
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2024$9.7M · 234 accts · $632K emplr
2022$8.2M · 171 accts · $489K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$3,831
Total administrative$3,831
The Projectxyz, Inc. 401(k) match · 2024
Employer contribution per active participant$1,671
Median for plans this size$1,313
2024$1,671 per active participant
2022$1,612 per active participant

Projectxyz, Inc.'s 2024 employer contribution ran above the $1,313 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
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$3,831
NORTHWESTERN MUTUAL INVESTMENTindirect 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
2024$3,831 · 0.04%
2022$2,694 · 0.03%
Similar plansProfessional & Technical Services · Alabama
Oasys, Inc. AL$10.8M · 0.23%
Signalink Group Inc. AL$10.2M · 0.69%
Seabrook Solutions LLC AL$9.2M · 0.39%
Griffon Aerospace, Inc. AL$8.9M · 0.62%

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Source: U.S. Department of Labor, Form 5500 series, EIN 204092706 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.