Plan Ledger DOL Form 5500 · updated monthly

Protect LLC401(k)

PROTECT LLC 401K PLAN · WICHITA, KS · plan year 2024

Reported admin expense ratio · 2024
0.34%

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

Protect LLC reported $46,922 in plan administrative expenses for 2024: 0.34% of average plan assets, above the peer median. Employer contributions averaged $2,060 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 0.02% to 0.34%. 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 365th-largest of 828 plans among Kansas employers on file, and 6,411th of 11,654 in professional & technical services. In 2024, employees put in $1.78 for every $1.00 the employer contributed; active participation has grown from 216 to 530 since 2022.

Plan summary
Net assets, end of year$15,699,374
Participants with balances332
Active participants530
Employer contributions$1,091,851
Employee contributions$1,941,705
Employer contribution per active participant$2,060
Average account balance$47,287
Benefits paid to participants$1,216,566
Plan auditUnmodified (clean) audit opinion
AuditorRSM US LLP
Plan history3
Yearassets · accounts · employer contribution
2024$15.7M · 332 accts · $1.1M emplr
2023$11.5M · 266 accts · $649K emplr
2022$9.4M · 250 accts · $667K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$22,315
Investment management$24,607
Total administrative$46,922
The Protect LLC 401(k) match · 2024
Employer contribution per active participant$2,060
Median for plans this size$2,416
2024$2,060 per active participant
2023$2,336 per active participant
2022$3,088 per active participant

Protect LLC'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 · 20242
IMA ADVISORY SERVICES, INC. · Investment advisory (plan)$24,607
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$21,864

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$46,922 · 0.34%
2023$1,583 · 0.02%
2022$1,753 · 0.02%
Same employer
Similar plansProfessional & Technical Services · Kansas
Cartesian, Inc. KS$17.2M · 0.22%
Argus Consulting, Inc. KS$16.9M · 0.25%
Pivot Intermediary, Inc. KS$15.2M · 0.02%
Xenotech, L.L.C. KS$13.8M · 0.22%

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Source: U.S. Department of Labor, Form 5500 series, EIN 470758334 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.