Plan Ledger DOL Form 5500 · updated monthly

Promethean, Inc.401(k)

PROMETHEAN, INC. EMPLOYEES SAVINGS TRUST · SEATTLE, WA · plan year 2024

Reported admin expense ratio · 2024
0.51%

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

Promethean, Inc. reported $147,159 in plan administrative expenses for 2024: 0.51% of average plan assets, higher than ~75% of peers. Employer contributions averaged $3,932 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 0.47% to 0.51%. 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 513th-largest of 1,714 plans among Washington employers on file, and the 4,063rd of 11,654 in professional & technical services. In 2024, employees put in $3.70 for every $1.00 the employer contributed; active participation has shrunk from 361 to 254 since 2022.

Plan summary
Net assets, end of year$31,004,581
Participants with balances450
Active participants254
Employer contributions$998,659
Employee contributions$3,691,133
Employer contribution per active participant$3,932
Average account balance$68,899
Benefits paid to participants$4,137,476
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$31.0M · 450 accts · $999K emplr
2023$26.6M · 445 accts · $1.1M emplr
2022$20.4M · 446 accts · $1.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$70,895
Investment management$76,264
Total administrative$147,159
The Promethean, Inc. 401(k) match · 2024
Employer contribution per active participant$3,932
Median for plans this size$2,416
2024$3,932 per active participant
2023$3,403 per active participant
2022$2,935 per active participant

Promethean, Inc.'s 2024 employer contribution ran above the $2,416 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
CPI QUALIFIED PLAN CONSULTANTS, INC · Recordkeeping · Pension consulting$70,895
WELLS FARGO ADVISORS, LLC · Investment advisory (plan)$76,264

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

Recordkeeper by year2
2024CPI QUALIFIED PLAN CONSULTANTS, INC
2023CPI QUALIFIED PLAN CONSULTANTS, INC

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

Administrative cost history3
2024$147,159 · 0.51%
2023$119,496 · 0.51%
2022$97,718 · 0.47%
Same employer
Similar plansProfessional & Technical Services · Washington
MD2 International, LLC WA$33.8M · 0.74%
Sigma Design Inc. WA$31.7M · 0.01%
Inrix, Inc. WA$30.4M · 0.00%
Larson Gross P.L.L.C. WA$30.2M · 0.26%

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Source: U.S. Department of Labor, Form 5500 series, EIN 043647203 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.