Plan Ledger DOL Form 5500 · updated monthly

Proserv Crane & Equipment Co., Inc.401(k)

PROSERV CRANE & EQUIPMENT CO., INC. 401(K) PROFIT SHARING PLAN · HOUSTON, TX · plan year 2022

Reported admin expense ratio · 2022
0.66%

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

Proserv Crane & Equipment Co., Inc. reported $38,244 in plan administrative expenses for 2022: 0.66% of average plan assets, above the peer median. Employer contributions averaged $1,284 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 wholesale trade employers. By assets it is among the smaller plans on file in Texas (4,002nd of 5,688), and 3,608th of 4,246 in wholesale trade. In 2022, employees put in $2.20 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$5,183,460
Participants with balances72
Active participants114
Employer contributions$146,333
Employee contributions$322,284
Employer contribution per active participant$1,284
Average account balance$71,993
Benefits paid to participants$773,423
Plan auditUnmodified (clean) audit opinion
AuditorADAMSBROWN, LLC
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$18,802
Investment management$19,442
Total administrative$38,244
The Proserv Crane & Equipment Co., Inc. 401(k) match · 2022
Employer contribution per active participant$1,284
Median for plans this size$1,114

Proserv Crane & Equipment Co., Inc.'s 2022 employer contribution ran above 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$38,244 · 0.66%
Same employer
Similar plansWholesale Trade · Texas
McLane Express, Inc. TX$5.6M · 0.99%
Staton Holdings, Inc. TX$5.2M · 0.59%
Primary Arms, LLC TX$5.2M · 0.68%
Reeder Distributors Inc. TX$4.9M · 0.61%
Jre Golf Cars, LLC TX$4.8M · 0.69%

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Source: U.S. Department of Labor, Form 5500 series, EIN 760236514 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.