Plan Ledger DOL Form 5500 · updated monthly

Prototek Holdings, LLC401(k)

PROTOTEK 401(K) PLAN · CONTOOCOOK, NH · plan year 2024

Reported admin expense ratio · 2024
1.07%

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

Prototek Holdings, LLC reported $87,234 in plan administrative expenses for 2024: 1.07% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,432 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 0.20% to 1.07%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in New Hampshire (284th of 411), and 9,448th of 13,661 in manufacturing. In 2024, employees put in $1.76 for every $1.00 the employer contributed; active participation has grown from 206 to 238 since 2022.

Plan summary
Net assets, end of year$8,502,349
Participants with balances266
Active participants238
Employer contributions$578,702
Employee contributions$1,016,697
Employer contribution per active participant$2,432
Average account balance$31,964
Benefits paid to participants$1,959,862
Plan auditUnmodified (clean) audit opinion
AuditorGARY, GARY & GARY LLP
Plan history3
Yearassets · accounts · employer contribution
2024$8.5M · 266 accts · $579K emplr
2023$7.7M · 254 accts · $581K emplr
2022$4.1M · 152 accts · $266K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$87,234
Total administrative$87,234
The Prototek Holdings, LLC 401(k) match · 2024
Employer contribution per active participant$2,432
Median for plans this size$1,313
2024$2,432 per active participant
2023$2,183 per active participant
2022$1,292 per active participant

Prototek Holdings, 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 · 20244
MMA SECURITIES LLC · Plan administrator$27,932
GRAY, GRAY & GARY LLP · Accounting / audit$21,000
COMPASS 360, LLC · Plan administrator$12,971

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$87,234 · 1.07%
2023$71,932 · 1.22%
2022$5,676 · 0.20%
Similar plansManufacturing · New Hampshire
Lew a. Cummings Co., Inc. NH$10.7M · 0.57%
Makers Forward, LLC NH$8.7M · 0.61%
Tender Corp NH$8.6M · 0.34%
Parallel Wireless, Inc. NH$7.6M · 0.36%

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Source: U.S. Department of Labor, Form 5500 series, EIN 823558766 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.