Plan Ledger DOL Form 5500 · updated monthly

Prutech Solutions, Inc.401(k)

PRUTECH SOLUTIONS, INC. 401(K) PROFIT SHARING PLAN AND TRUST · ISELIN, NJ · plan year 2024

Reported admin expense ratio · 2024
0.39%

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

Prutech Solutions, Inc. reported $26,067 in plan administrative expenses for 2024: 0.39% of average plan assets, below the peer median. Employer contributions averaged $1,080 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 3 years on file its reported administrative ratio has held roughly steady near 0.392%. 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 New Jersey (1,693rd of 2,419), and 8,838th of 11,654 in professional & technical services. In 2024, employees put in $5.25 for every $1.00 the employer contributed; active participation has grown from 159 to 220 since 2022.

Plan summary
Net assets, end of year$7,602,072
Participants with balances167
Active participants220
Employer contributions$237,547
Employee contributions$1,248,141
Employer contribution per active participant$1,080
Average account balance$45,521
Benefits paid to participants$590,337
Plan auditUnmodified (clean) audit opinion
AuditorRAM ASSOCIATES
Plan history3
Yearassets · accounts · employer contribution
2024$7.6M · 167 accts · $238K emplr
2023$5.7M · 148 accts · $224K emplr
2022$4.2M · 107 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,849
Investment management$24,218
Total administrative$26,067
The Prutech Solutions, Inc. 401(k) match · 2024
Employer contribution per active participant$1,080
Median for plans this size$1,313
2024$1,080 per active participant
2023$1,160 per active participant

Prutech Solutions, 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
WILMINGTON TRUST NATIONAL ASSOC · Investment advisory (plan)$21,021
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$1,849

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$26,067 · 0.39%
2023$18,906 · 0.38%
2022$17,231 · 0.39%
Similar plansProfessional & Technical Services · New Jersey
Umongous Inc NJ$7.8M · 0.61%
Boll & Branch LLC NJ$7.8M · 0.78%
Payrolling Partners, Inc NJ$7.7M · 1.06%
Electrifai LLC NJ$7.7M · 0.34%
Semperis Inc NJ$7.5M · 0.25%
Esystems, Inc. NJ$7.5M · 0.02%
Spiezle Group, Inc. NJ$7.4M · 0.34%
Astir IT Solutions, Inc. NJ$7.3M · 0.46%

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Source: U.S. Department of Labor, Form 5500 series, EIN 223606232 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.