Plan Ledger DOL Form 5500 · updated monthly

Propeller Industries, LLC401(k)

PROPELLER INDUSTRIES, LLC 401(K) PLAN · NEW YORK, NY · plan year 2025

Reported admin expense ratio · 2025
0.50%

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

Propeller Industries, LLC reported $58,174 in plan administrative expenses for 2025: 0.50% of average plan assets, higher than ~75% of peers. Employer contributions averaged $3,552 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 3 years on file its reported administrative ratio rose from 0.10% to 0.50%. The plan sits in the $10M–$50M size bracket, benchmarked here against 1,620 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in New York (3,169th of 5,648), and 7,028th of 11,654 in professional & technical services. In 2025, employees put in $2.22 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$13,243,441
Participants with balances151
Active participants137
Employer contributions$486,616
Employee contributions$1,078,163
Employer contribution per active participant$3,552
Average account balance$87,705
Benefits paid to participants$679,952
Plan auditUnmodified (clean) audit opinion
AuditorPB MARES LLP
Plan history4
Yearassets · accounts · employer contribution
2025$13.2M · 151 accts · $487K emplr
2024$10.0M · 196 accts · $408K emplr
2023$8.7M · 221 accts · $564K emplr
2022$7.7M · 221 accts · $208K emplr
Administrative expenses, itemized · 2025
Recordkeeping & contract admin$29,159
Investment management$29,015
Total administrative$58,174
The Propeller Industries, LLC 401(k) match · 2025
Employer contribution per active participant$3,552
Median for plans this size$2,666
2025$3,552 per active participant
2024$4,044 per active participant
2023$6,203 per active participant
2022$1,635 per active participant

Propeller Industries, LLC's 2025 employer contribution ran above the $2,666 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 2025 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20253
MMA SECURITIES LLC · Investment advisory (plan)$26,808
EMPOWER ADVISORY GROUP, LLC · Investment management$2,207

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

Administrative cost history4
2025$58,174 · 0.50%
2024$46,940 · 0.50%
2023$41,351 · 0.51%
2022$7,454 · 0.10%
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Source: U.S. Department of Labor, Form 5500 series, EIN 852134072 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.