Plan Ledger DOL Form 5500 · updated monthly

Prolog, Inc.401(k)

PROLOG, INC. 401(K) PLAN · VIRGINIA BEACH, VA · plan year 2024

Reported admin expense ratio · 2024
0.60%

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

Prolog, Inc. reported $30,928 in plan administrative expenses for 2024: 0.60% of average plan assets, above the peer median. Employer contributions averaged $3,338 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 0.55% to 0.60%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other administrative & support services employers. By assets it is among the smaller plans on file in Virginia (1,792nd of 2,266), and 1,394th of 2,534 in administrative & support services. In 2024, the employer put in $2.18 for every $1.00 employees contributed themselves; active participation has grown from 164 to 183 since 2022.

Plan summary
Net assets, end of year$5,372,977
Participants with balances248
Active participants183
Employer contributions$610,801
Employee contributions$280,644
Employer contribution per active participant$3,338
Average account balance$21,665
Benefits paid to participants$974,213
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$5.4M · 248 accts · $611K emplr
2023$4.9M · 248 accts · $574K emplr
2022$4.0M · 212 accts · $538K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$30,928
Total administrative$30,928
The Prolog, Inc. 401(k) match · 2024
Employer contribution per active participant$3,338
Median for plans this size$1,313
2024$3,338 per active participant
2023$3,055 per active participant
2022$3,282 per active participant

Prolog, Inc.'s 2024 employer contribution ran above the $1,313 median for plans its size, placing it in the top 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
ADP, INC. · Recordkeeping$30,927
ADP BROKER-DEALERindirect comp

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

Recordkeeper by year2
2024ADP
2023ADP

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$30,928 · 0.60%
2023$28,554 · 0.64%
2022$27,676 · 0.55%
Similar plansAdministrative & Support Services · Virginia
Sciolex Corporation VA$6.3M · 3.48%
H.N. Funkhouser & Co. VA$6.2M · 0.70%
Tech Systems, Inc. VA$5.5M · 1.28%
Johns Brothers Inc. VA$4.7M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 541975190 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.