Plan Ledger DOL Form 5500 · updated monthly

Protenus, Inc.401(k)

PROTENUS, INC. 401(K) PLAN · BALTIMORE, MD · plan year 2024

Reported admin expense ratio · 2024
0.26%

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

Protenus, Inc. reported $21,368 in plan administrative expenses for 2024: 0.26% of average plan assets, below the peer median. Employer contributions averaged $5,429 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 fell from 0.44% to 0.26%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other information & media employers. By assets it is among the smaller plans on file in Maryland (1,019th of 1,671), and 1,546th of 2,199 in information & media. In 2024, employees put in $2.29 for every $1.00 the employer contributed; active participation has shrunk from 135 to 97 since 2022.

Plan summary
Net assets, end of year$9,448,011
Participants with balances163
Active participants97
Employer contributions$526,568
Employee contributions$1,205,694
Employer contribution per active participant$5,429
Average account balance$57,963
Benefits paid to participants$817,310
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$9.4M · 163 accts · $527K emplr
2023$7.3M · 138 accts · $881K emplr
2022$5.2M · 151 accts · $365K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$19,281
Investment management$2,087
Total administrative$21,368
The Protenus, Inc. 401(k) match · 2024
Employer contribution per active participant$5,429
Median for plans this size$1,313
2024$5,429 per active participant
2023$9,581 per active participant
2022$2,704 per active participant

Protenus, Inc.'s 2024 employer contribution ran above the $1,313 median for plans its size, placing it in the top quarter of its peers. 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 · 20241
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$19,281

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$21,368 · 0.26%
2023$15,031 · 0.24%
2022$22,519 · 0.44%
Same employer
Similar plansInformation & Media · Maryland
Fidelis Cybersecurity, Inc. MD$19.2M · 0.05%
The Freedonia Group, Inc. MD$9.3M · 0.45%
Advantage Engineers, LLC MD$9.0M · 0.87%
Marketresearch.com, Inc. MD$8.9M · 0.50%
Contiem, Inc. MD$8.8M · 0.45%

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Source: U.S. Department of Labor, Form 5500 series, EIN 383923513 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.