Plan Ledger DOL Form 5500 · updated monthly

Proteus, Inc.403(b)

PROTEUS, INC. 403(B) PLAN · VISALIA, CA · plan year 2024

Reported admin expense ratio · 2024
0.87%

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

Proteus, Inc. reported $78,190 in plan administrative expenses for 2024: 0.87% of average plan assets, higher than ~75% of peers. Employer contributions averaged $909 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 0.95% to 0.87%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in California (5,653rd of 9,483), and the 5,921st of 11,911 in health care & social assistance. In 2024, employees put in $2.43 for every $1.00 the employer contributed; active participation has shrunk from 221 to 169 since 2022.

Plan summary
Net assets, end of year$9,353,900
Participants with balances178
Active participants169
Employer contributions$153,649
Employee contributions$373,199
Employer contribution per active participant$909
Average account balance$52,550
Benefits paid to participants$664,636
Plan auditUnmodified (clean) audit opinion
AuditorBROWN ARMSTRONG ACCOUNTANCY CORP
Plan history3
Yearassets · accounts · employer contribution
2024$9.4M · 178 accts · $154K emplr
2023$8.6M · 200 accts · $175K emplr
2022$8.1M · 227 accts · $178K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$53,002
Investment management$25,188
Total administrative$78,190
Employer contributions to the Proteus, Inc. plan · 2024
Employer contribution per active participant$909
Median for plans this size$1,313
2024$909 per active participant
2023$942 per active participant
2022$804 per active participant

Proteus, Inc.'s 2024 employer contribution ran below the $1,313 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
LNCOLN NATIONAL CORPORATION · Contract administrator$53,002
USI ADVISORS, INC. · Investment advisory (plan)$25,188

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$78,190 · 0.87%
2023$76,692 · 0.92%
2022$83,808 · 0.95%
Same employer
Similar plansHealth Care & Social Assistance · California
Inter Valley Health Plan CA$9.5M · 0.08%
San Diego Hebrew Homes CA$9.2M · 0.04%
Tallis, LLC CA$9.2M · 1.08%

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Source: U.S. Department of Labor, Form 5500 series, EIN 942184330 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.