New Prime, Inc. 401(k) Review & Grade
Prime, Inc. Success Sharing Plan
Springfield, MOTransportation & Warehousing3,059 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$2,069Employer $ per active participant
$4,449Employee $ saved per active participant
0.07%Direct admin cost, % of plan assets
$212.1MNet plan assets, end of year
$93,949Average balance per account
Score breakdown
- Employer generosity28.3 / 5057th percentile for employer $ per participant
- Low cost17.3 / 2569th percentile for low admin cost vs. same-size plans
- Employee saving8.0 / 1553th percentile for employee $ per participant
- Plan features3 / 10Default investment
Total score57 / 100 · Grade C
This plan vs. peers
Peers: Transportation & Warehousing plans with 2,500–9,999 active participants (123 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 57th |
| Lower admin cost | 69th |
| Employee saving | 53th |
| Peers that auto-enroll | 46% |
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Red flags from the filing
No red flags were reported on this filing's compliance questions.
What to do if you're in this plan
- New Prime put in about $2,069 per active participant, more than the typical peer ($1,834). Contribute at least enough to collect the full match. Skipping it leaves part of your pay on the table.
- The filing shows total dollars, not the match formula. Ask HR for the Summary Plan Description so you know the exact match and vesting schedule.
- Fund expense ratios aren't in the filing. Look them up in your 404(a)(5) fee disclosure and favor low-cost index or target-date funds.
- Changing jobs? You can usually leave the money in the plan, move it to your new employer's plan, or roll it into an IRA. Don't cash out: you'd owe taxes and possibly a 10% penalty.
The raw numbers from the filing
| Employer contributions | $6,330,472 |
| Participant (employee) contributions | $13,609,281 |
| Other contributions (incl. rollovers in) | $1,055,977 |
| Administrative expenses paid from the plan | $134,464 |
| Investment advisory & management fees | $61,282 |
| Benefits paid out | $17,698,574 |
| Net assets, start / end of year | $185.2M / $212.1M |
| Active participants, start / end of year | 3,074 / 3,044 |
| Participants with account balances | 2,258 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Katz, Sapper & Miller, LLP |
Largest service providers (Schedule C)
| Fidelity Investments Institutional | $73,182 reported compensation |
| Sageview Advisory Group LLC | $61,282 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251009112059NAL0010845360001, received 2025-10-09, EIN 43-1396933, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.