401(k) · DOL Form 5500 · 2022

Propel Peo, Inc. 401(k) Plan

Data updated 2026-08-25

$27M
Total assets Below avg plan size
1,301
Participants Near avg headcount
82nd
Percentile by assets National rank
$21,098
Avg per participant Low balance/head
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Official DOL plan name: Propel Hr 401(k) Plan · Sponsored by Propel Peo, Inc. · South Carolina · Administrative & Support Services

$27M in assets, 1,301 participants

Propel Peo, Inc.'s Propel Hr 401(k) Plan reported $27M in total assets and 1,301 participants in its 2022 DOL Form 5500 filing, ranking in the 82nd percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • #4,508 in Administrative & Support Services (4,927 peers)

Coverage in South Carolina

Propel Hr 401(k) Plan covers 1,301 participants in South Carolina, 3.5x the typical South Carolina plan (state average ~369 per filing). Assets: $27M.

#4,508
in Administrative & Support Services (4,927 peers)
-2.6%
assets change YoY
0.3×
vs typical plan assets (national mean)

The plan reported a net loss of $716K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Propel Hr 401(k) Plan's outsized position by total assets

Propel Hr 401(k) Plan vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$27,449,091 Top 18% higher than 82% of 139,123 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022

Propel Hr 401(k) Plan's large-plan peer group by participant headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Propel Hr 401(k) Plan lands in the large band (1,301 participants).

EBSA filing schedule strip

Filing strip 205888849 · Propel Peo, Inc. PY 2022 · 401(k)

Propel Hr 401(k) Plan · $27M · 1,301 · 82nd

  • IND $27M
  • EOY 1,301
  • 5500 82nd
  • ASSETS 401(k)
  • PCT near Gmmsa 401(k) Psp
  • EIN ind #4508

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Administrative & Support Services retirement plans → · Plans in South Carolina →

Propel Hr 401(k) Plan in the asset neighbourhood

Flexsteel Pipeline Technologies, Inc. 401(k) Profit Sharing Plan and TrustFlexsteel Pipeline Technolog…$27MPropel Hr 401(k) Plan$27MGmmsa 401(k) Psp$27MApplied Optoelectronics, Inc. 401(k) PlanApplied Optoelectronics, Inc…$27MSuperior Construction Co., Inc. Employees' 401(k) Savings PlanSuperior Construction Co., I…$27M
End-of-year total assets ($M) among Propel Hr 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

South Carolina filing particulars

Total Assets (Beginning of Year)$28M
Net Assets (End of Year)$27M
Net Income-$716K
Employer EIN205888849
Plan Effective Date1996-10-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Propel Peo, Inc.)

Sponsor-wide plan assets over time

All Propel Peo, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$85M 211.18970387762567% vs 2022
2024 filing year
$20M$40M$60M$80M$100M 202220232024 $27.5M $85.4M ▲ +211.2%
Year Plans Participants Total Assets
2022 1 1,301 $27M
2023 1 2,406 $43M
2024 1 1,912 $85M

Nearby 401(k) Plans in South Carolina

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Propel Hr 401(k) Plan vs. nearby 401(k) plans in South Carolina, assets vs. participants Scatter plot of 6 data points. 050001000015000 -101234 Total assets ($B) Participants Propel Hr 401(k) Plan, Total assets ($B): 0.027449091 · Participants: 1301Propel Hr 401(k) PlanMichelin 401(k) Savings Plan, Total assets ($B): 3.615828322 · Participants: 13708Michelin 401(k) Savings PlanThe Savannah River Nuclear Solutions, LLC Defined Contribution Plan, Total assets ($B): 2.219673264 · Participants: 7829The Savannah River Nuclear Solutions, LLC Defined Contribution PlanSonoco Retirement & Savings Plan, Total assets ($B): 1.214442524 · Participants: 9714Sonoco Retirement & Savings PlanThe Milliken Retirement Plan, Total assets ($B): 1.154082573 · Participants: 6185The Milliken Retirement PlanBlue Cross Blue Shield of Sc Employee Savings and Salary Reduction Plan, Total assets ($B): 1.085276125 · Participants: 11881Blue Cross Blue Shield of Sc Employee Savings and Salary Reduction Plan
Propel Hr 401(k) Plan vs. nearby 401(k) plans in South Carolina, assets vs. participants

Propel Hr 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside South Carolina, the nearest 401(k) by assets is Gmmsa 401(k) Psp in CA ($27M); by covered participants it is Ankura Consulting Group, LLC Savings Plan in DC (1,301 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (1,301 participants); asset peers above are excluded.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Propel Hr 401(k) Plan assets move in 2022?
Propel Hr 401(k) Plan edged down modestly - down 2.6% during 2022, from $28M to $27M. Reported net income was -$716K.
How have Propel Peo, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Propel Peo, Inc.'s sponsor-wide assets grew 211.2%, from $27M to $85M.
Where does Propel Hr 401(k) Plan rank by assets among Form 5500 filers?
Propel Hr 401(k) Plan ranks in the 82nd percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Propel Hr 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Gmmsa 401(k) Psp in CA ($27M, 156 participants).
Which 401(k) plans cover a similar participant headcount to Propel Hr 401(k) Plan?
Among 401(k) plans in other states, the closest by covered participants is Ankura Consulting Group, LLC Savings Plan in DC (1,301 participants, $141M in assets).