Plan Ledger DOL Form 5500 · updated monthly

Propio Ls, LLC401(k)

RETIREMENT INCOME SECURITY PLAN-PROPIO LS, LLC · OVERLAND PARK, KS · plan year 2024

Reported admin expense ratio · 2024
0.65%

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

Propio Ls, LLC reported $30,766 in plan administrative expenses for 2024: 0.65% of average plan assets, above the peer median. Employer contributions averaged $4,353 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 fell from 1.25% to 0.65%. 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 Kansas (616th of 828), and 9,375th of 11,654 in professional & technical services. In 2024, employees put in $1.56 for every $1.00 the employer contributed; active participation has grown from 117 to 197 since 2022.

Plan summary
Net assets, end of year$6,063,216
Participants with balances251
Active participants197
Employer contributions$857,610
Employee contributions$1,335,195
Employer contribution per active participant$4,353
Average account balance$24,156
Benefits paid to participants$533,402
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$6.1M · 251 accts · $858K emplr
2023$3.5M · 184 accts · $464K emplr
2022$1.9M · 151 accts · $339K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$26,095
Investment management$941
Audit (IQPA)$2,900
Trustee / custodial$830
Total administrative$30,766
The Propio Ls, LLC 401(k) match · 2024
Employer contribution per active participant$4,353
Median for plans this size$1,313
2024$4,353 per active participant
2023$3,489 per active participant
2022$2,901 per active participant

Propio Ls, LLC'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 · 20243
AMERITAS LIFE INSURANCE CORP · Claims processing · Contract administrator$14,693
HEALTHEQUITY RETIREMENT SERVICES, L · Claims processing · Plan administrator$11,781
MATRIX TRUST COMPANY · Custodial (securities) · Loan processing$830

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

Recordkeeper by year2
2024Ameritas
2023Ameritas

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

Administrative cost history3
2024$30,766 · 0.65%
2023$22,245 · 0.83%
2022$19,121 · 1.25%
Similar plansProfessional & Technical Services · Kansas
Perfect Output, LLC KS$7.6M · 0.53%
Ideatek Telcom, LLC KS$6.7M · 0.02%
Veracity Consulting, Inc. KS$4.4M · 0.92%
Rd Henry & Company Inc KS$4.3M · 0.38%

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Source: U.S. Department of Labor, Form 5500 series, EIN 463268968 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.