Plan Ledger DOL Form 5500 · updated monthly

Protex401(k)

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

Reported admin expense ratio · 2024
0.57%

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

Protex reported $11,592 in plan administrative expenses for 2024: 0.57% of average plan assets, above the peer median. Employer contributions averaged $1,008 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 0.68% to 0.57%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Arizona (1,027th of 1,285), and 10,752nd of 11,654 in professional & technical services. In 2024, employees put in $3.06 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,380,956
Participants with balances155
Active participants128
Employer contributions$128,980
Employee contributions$395,055
Employer contribution per active participant$1,008
Average account balance$15,361
Benefits paid to participants$82,325
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$2.4M · 155 accts · $129K emplr
2023$1.7M · 132 accts · $106K emplr
2022$769K · 125 accts · $98K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$11,592
Total administrative$11,592
The Protex 401(k) match · 2024
Employer contribution per active participant$1,008
Median for plans this size$1,313
2024$1,008 per active participant
2023$893 per active participant
2022$813 per active participant

Protex'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 · 20241
ADP, INC. · Loan processing · Recordkeeping$11,592

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

Recordkeeper by year2
2024ADP
2023ADP

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$11,592 · 0.57%
2023$7,741 · 0.63%
2022$4,594 · 0.68%
Similar plansProfessional & Technical Services · Arizona
Cash Time Title Loans Inc AZ$2.7M · 0.81%
Kt Consulting - Az, LLC AZ$2.5M · 0.74%
Ateah Management LLC AZ$2.5M · 1.24%
Bluemedia, Inc. AZ$2.3M · 0.95%
J.P. Industries, Inc. AZ$2.0M · 1.10%

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Source: U.S. Department of Labor, Form 5500 series, EIN 274016266 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.