Plan Ledger DOL Form 5500 · updated monthly

Prosearch Strategies Inc401(k)

PROSEARCH STRATEGIES INC 401(K) PROFIT SHARING PLAN & TRUST · LOS ANGELES, CA · plan year 2024

Reported admin expense ratio · 2024
0.01%

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

Prosearch Strategies Inc reported $3,839 in plan administrative expenses for 2024: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $7,747 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 0.02% to 0.01%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other information & media employers. By assets it is the 2,395th-largest of 9,483 plans among California employers on file, and the 701st of 2,199 in information & media. In 2024, employees put in $1.19 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$34,786,831
Participants with balances268
Active participants197
Employer contributions$1,526,141
Employee contributions$1,823,045
Employer contribution per active participant$7,747
Average account balance$129,802
Benefits paid to participants$954,488
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$34.8M · 268 accts · $1.5M emplr
2023$27.8M · 251 accts · $1.5M emplr
2022$21.6M · 257 accts · $1.4M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$3,839
Total administrative$3,839
The Prosearch Strategies Inc 401(k) match · 2024
Employer contribution per active participant$7,747
Median for plans this size$2,416
2024$7,747 per active participant
2023$8,349 per active participant
2022$7,429 per active participant

Prosearch Strategies Inc's 2024 employer contribution ran above the $2,416 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 · 20241
JOHN HANCOCK · Recordkeeping$3,839

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

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

Administrative cost history3
2024$3,839 · 0.01%
2023$5,133 · 0.02%
2022$4,050 · 0.02%
Same employer
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Source: U.S. Department of Labor, Form 5500 series, EIN 202393368 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.