Plan Ledger DOL Form 5500 · updated monthly

Prosourcing Partners LLC401(k)

PROSOURCING PARTNERS LLC 401K PLAN · VIENNA, VA · plan year 2022

Reported admin expense ratio · 2022
0.13%

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

Prosourcing Partners LLC reported $17,996 in plan administrative expenses for 2022: 0.13% of average plan assets, below the peer median. Employer contributions averaged $2,345 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 1 year on file its reported administrative ratio rose from 0.13% to 0.26%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Virginia (1,304th of 2,266), and 7,160th of 11,654 in professional & technical services. In 2022, employees put in $4.40 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$12,782,260
Participants with balances212
Active participants170
Employer contributions$398,713
Employee contributions$1,755,324
Employer contribution per active participant$2,345
Average account balance$60,294
Benefits paid to participants$1,584,147
Plan auditUnmodified (clean) audit opinion
AuditorDAVIDSON, DOYLE, & HILTON, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$0
2023$3.1M · 104 accts · $332K emplr
2022$12.8M · 212 accts · $399K emplr
Administrative expenses, itemized · 2022
Investment management$5,338
Total administrative$17,996
The Prosourcing Partners LLC 401(k) match · 2022
Employer contribution per active participant$2,345
Median for plans this size$2,266
2023$1,907 per active participant
2022$2,345 per active participant

Prosourcing Partners LLC's 2022 employer contribution ran above the $2,266 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 history3
2024Not separately reported
2023$21,016 · 0.26%
2022$17,996 · 0.13%
Similar plansProfessional & Technical Services · Virginia
Eagle Technologies, Inc. VA$12.8M · 0.50%
Raft LLC VA$12.8M · 0.17%
Devtech Systems, Inc. VA$12.8M · 0.22%
The Prospective Group Inc. VA$12.7M · 0.10%
Social Impact, Inc. VA$12.5M · 0.70%
Innovate, Inc. VA$12.5M · 0.50%

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Source: U.S. Department of Labor, Form 5500 series, EIN 541920346 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.