Plan Ledger DOL Form 5500 · updated monthly

Prosoco, Inc.401(k)

PROSOCO, INC. 401(K) PROFIT SHARING PLAN & TRUST · LAWRENCE, KS · plan year 2024

Reported admin expense ratio · 2024
0.55%

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

Prosoco, Inc. reported $114,204 in plan administrative expenses for 2024: 0.55% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,935 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 rose from 0.47% to 0.55%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 289th-largest of 828 plans among Kansas employers on file, and the 5,667th of 13,661 in manufacturing. In 2024, employees put in $3.49 for every $1.00 the employer contributed; active participation has grown from 110 to 129 since 2022.

Plan summary
Net assets, end of year$21,433,500
Participants with balances159
Active participants129
Employer contributions$378,619
Employee contributions$1,320,311
Employer contribution per active participant$2,935
Average account balance$134,802
Benefits paid to participants$2,542,383
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$21.4M · 159 accts · $379K emplr
2023$20.1M · 137 accts · $244K emplr
2022$17.0M · 139 accts · $228K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$31,512
Investment management$82,692
Total administrative$114,204
The Prosoco, Inc. 401(k) match · 2024
Employer contribution per active participant$2,935
Median for plans this size$2,416
2024$2,935 per active participant
2023$2,003 per active participant
2022$2,075 per active participant

Prosoco, Inc.'s 2024 employer contribution ran above the $2,416 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
TPP RETIREMENT PLAN SPECIALISTS LLC · Claims processing · Recordkeeping$22,566
CREATIVE PLANNING · Investment advisory (participants) · Investment advisory (plan)$82,692
MATRIX TRUST COMPANY · Claims processing · Custodial$8,946

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

Recordkeeper by year2
2024TPP RETIREMENT PLAN SPECIALISTS LLC
2023TPP RETIREMENT PLAN SPECIALISTS LLC

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

Administrative cost history3
2024$114,204 · 0.55%
2023$87,059 · 0.47%
2022$85,237 · 0.47%
Same employer
Similar plansManufacturing · Kansas
Redguard, LLC KS$23.3M · 0.51%
Daily's Premium Meats, LLC KS$23.1M · 0.07%
Stouse, LLC KS$21.8M · 0.58%
Koch & Co., Inc. KS$19.6M · 0.59%
Airtex Manufacturing, Lllp KS$19.5M · 0.24%
Manko Window Systems, Inc. KS$19.5M · 0.21%

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Source: U.S. Department of Labor, Form 5500 series, EIN 481123149 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.