Plan Ledger DOL Form 5500 · updated monthly

Protech Solutions, Inc.401(k)

PROTECH SOLUTIONS, INC. 401(K) PROFIT SHARING PLAN AND TRUST · LITTLE ROCK, AR · plan year 2024

Reported admin expense ratio · 2024
0.47%

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

Protech Solutions, Inc. reported $93,956 in plan administrative expenses for 2024: 0.47% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,353 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 rose from 0.21% to 0.47%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 137th-largest of 456 plans among Arkansas employers on file, and the 5,214th of 11,654 in professional & technical services. In 2024, employees put in $3.47 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$21,945,061
Participants with balances151
Active participants154
Employer contributions$362,353
Employee contributions$1,258,189
Employer contribution per active participant$2,353
Average account balance$145,332
Benefits paid to participants$458,469
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$21.9M · 151 accts · $362K emplr
2023$18.4M · 143 accts · $340K emplr
2022$14.3M · 145 accts · $327K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$40,331
Investment management$34,525
Audit (IQPA)$19,100
Total administrative$93,956
The Protech Solutions, Inc. 401(k) match · 2024
Employer contribution per active participant$2,353
Median for plans this size$2,416
2024$2,353 per active participant
2023$2,519 per active participant
2022$2,304 per active participant

Protech Solutions, Inc.'s 2024 employer contribution ran below 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
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$41,461
JP MORGAN · Investment advisory (participants)$34,525
HOGAN TAYLOR LLP · Accounting / audit$19,100

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

Administrative cost history3
2024$93,956 · 0.47%
2023$78,864 · 0.48%
2022$31,352 · 0.21%
Similar plansProfessional & Technical Services · Arkansas
Acoustic L.P. AR$29.3M · 0.48%
First Orion Corp. AR$26.1M · 0.11%
Eurark LLC AR$20.9M · 0.27%
Keeling Company AR$16.9M · 0.65%

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Source: U.S. Department of Labor, Form 5500 series, EIN 731465867 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.