Plan Ledger DOL Form 5500 · updated monthly

Proteor USA, LLC401(k)

PROTEOR 401(K) PLAN · TEMPE, AZ · plan year 2024

Reported admin expense ratio · 2024
0.53%

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

Proteor USA, LLC reported $49,525 in plan administrative expenses for 2024: 0.53% of average plan assets, below the peer median. Employer contributions averaged $2,679 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 0.57% to 0.53%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other other services employers. By assets it is the 575th-largest of 1,285 plans among Arizona employers on file, and the 1,627th of 3,341 in other services. In 2024, employees put in $2.84 for every $1.00 the employer contributed; active participation has grown from 147 to 165 since 2022.

Plan summary
Net assets, end of year$10,330,111
Participants with balances185
Active participants165
Employer contributions$442,045
Employee contributions$1,253,516
Employer contribution per active participant$2,679
Average account balance$55,838
Benefits paid to participants$990,425
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$10.3M · 185 accts · $442K emplr
2023$8.4M · 163 accts · $421K emplr
2022$6.0M · 166 accts · $388K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$49,525
Total administrative$49,525
The Proteor USA, LLC 401(k) match · 2024
Employer contribution per active participant$2,679
Median for plans this size$1,313
2024$2,679 per active participant
2023$2,680 per active participant
2022$2,642 per active participant

Proteor USA, LLC'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 · 20242
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$49,525
GLOBAL RETIREMENT PARTNERS LLC · Investment advisory (plan)indirect comp

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$49,525 · 0.53%
2023$38,568 · 0.54%
2022$32,767 · 0.57%
Same employer
Similar plansOther Services · Arizona
Dillon Aero, Inc. AZ$11.7M · 0.27%
Cp Skin Health Group, Inc AZ$10.7M · 0.23%
The Arizona Humane Society AZ$10.0M · 1.11%
Thermo King West, Inc. AZ$10.0M · 0.55%
Scottsdale Bible Church AZ$10.0M · 0.64%

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Source: U.S. Department of Labor, Form 5500 series, EIN 271395510 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.