Plan Ledger DOL Form 5500 · updated monthly

Prwt Services, Inc.401(k)

PRWT SERVICES 401(K) PLAN · PHILADELPHIA, PA · plan year 2024

Reported admin expense ratio · 2024
1.30%

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

Prwt Services, Inc. reported $109,265 in plan administrative expenses for 2024: 1.30% of average plan assets, higher than ~90% of peers. Employer contributions averaged $706 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 1.14% to 1.30%. 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 Pennsylvania (2,441st of 3,651), and 8,428th of 11,654 in professional & technical services. In 2024, employees put in $1.60 for every $1.00 the employer contributed; active participation has grown from 198 to 453 since 2022.

Plan summary
Net assets, end of year$8,678,065
Participants with balances580
Active participants453
Employer contributions$320,004
Employee contributions$511,790
Employer contribution per active participant$706
Average account balance$14,962
Benefits paid to participants$1,134,300
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$8.7M · 580 accts · $320K emplr
2023$8.1M · 535 accts · $295K emplr
2022$6.8M · 317 accts · $242K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$69,237
Investment management$40,028
Total administrative$109,265
The Prwt Services, Inc. 401(k) match · 2024
Employer contribution per active participant$706
Median for plans this size$1,313
2024$706 per active participant
2023$726 per active participant
2022$1,222 per active participant

Prwt Services, 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 · 20244
ADMIN. GROUP, LLC DBA TAG RESOURCES · Recordkeeping · Loan processing$38,036
TRANSAMERICA RETIREMENT SOLUTIONS · Recordkeeping · Loan processing$31,201
EQUITABLE ADVISORS LLC · Investment advisory (plan)$23,887
PENN INVESTMENT ADVISORS · Investment advisory (plan)$16,140

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

Recordkeeper by year2
2024ADMIN. GROUP, LLC DBA TAG RESOURCES, Transamerica
2023ADMIN. GROUP, LLC DBA TAG RESOURCES, Transamerica

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Administrative cost history3
2024$109,265 · 1.30%
2023$92,024 · 1.24%
2022$86,643 · 1.14%
All plans at this employer2
PRWT SERVICES 401(K) PLAN401(k)
PRWT SERVICES EMPLOYEE STOCK OWNERSHIP PLANESOP
Same employer
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Gh Advertising, Inc. PA$8.9M · 0.01%
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Nextgen Security, LLC PA$8.6M · 0.61%
GEN3 Marketing, LLC PA$8.5M · 1.02%
Elocal.com PA$8.5M · 0.28%

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Source: U.S. Department of Labor, Form 5500 series, EIN 232528512 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.