Plan Ledger DOL Form 5500 · updated monthly

Prominds Inc.401(k)

PROMINDS INC. 401(K) PLAN 002 · LEESBURG, VA · plan year 2022

Reported admin expense ratio · 2022
0.75%

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

Prominds Inc. reported $15,820 in plan administrative expenses for 2022: 0.75% of average plan assets, above the peer median. Employer contributions averaged $955 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other information & media employers. By assets it is among the smaller plans on file in Virginia (2,071st of 2,266), and 2,081st of 2,199 in information & media. In 2022, employees put in $4.09 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,133,636
Participants with balances89
Active participants121
Employer contributions$115,544
Employee contributions$472,399
Employer contribution per active participant$955
Average account balance$23,973
Benefits paid to participants$240,198
Plan auditUnmodified (clean) audit opinion
AuditorBDG-CPAS
The Prominds Inc. 401(k) match · 2022
Employer contribution per active participant$955
Median for plans this size$1,114

Prominds Inc.'s 2022 employer contribution ran below the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$15,820 · 0.75%
Same employer
Similar plansInformation & Media · Virginia
Cosolutions, Inc VA$4.7M · 0.85%
Virginia Everywhere, LLC VA$3.0M · 0.84%
Gennext Media, Inc. VA$2.5M · 1.36%
Max Management II, LLC VA$2.1M · 0.99%
Jms Group, LLC VA$1.9M · 0.86%
Pulse Broadband, LLC VA$1.7M · 0.14%
Wahid, Inc. VA$1.3M · 0.88%

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Source: U.S. Department of Labor, Form 5500 series, EIN 475025197 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.