401(k) · DOL Form 5500 · 2024

Propel Peo, Inc. 401(k) Plan

Data updated 2026-08-25

$85M
Total assets Below avg plan size
1,912
Participants Near avg headcount
89th
Percentile by assets National rank
$44,675
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

$85M in assets, 1,912 participants

Propel Peo, Inc.'s Propel Hr 401(k) Plan reported $85M in total assets and 1,912 participants in its 2024 DOL Form 5500 filing, ranking in the 89th 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.

  • #4,144 in Administrative & Support Services (4,368 peers)

Coverage in South Carolina

Propel Hr 401(k) Plan covers 1,912 participants in South Carolina, 5.2x the typical South Carolina plan (state average ~369 per filing). Assets: $85M.

#4,144
in Administrative & Support Services (4,368 peers)
+100.9%
assets growth YoY
0.9×
vs typical plan assets (national mean)

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 2024 · DOL Form 5500

$85,418,745 Top 11% higher than 89% of 123,620 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 2024

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

Plan-year 2024 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 (1,912 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Propel Hr 401(k) Plan end-of-year assets rose from $43M in the plan year 2023 filing to $85M in the plan year 2024 filing.
  • Propel Hr 401(k) Plan reported net income fell from $11M in the plan year 2023 filing to $8M in the plan year 2024 filing.
  • Propel Hr 401(k) Plan reported participants fell from 2,406 in the plan year 2023 filing to 1,912 in the plan year 2024 filing.

See the national 2023→2024 release diff →

DOL schedule card

Filing strip 205888849 · Propel Peo, Inc. PY 2024 · 401(k)

Propel Hr 401(k) Plan · $85M · 1,912 · 89th

  • TYPE $85M
  • NET 1,912
  • BOOK 89th
  • VS-ST 401(k)
  • BOY near Healthbridge Management 401(k) Plan
  • SCH ind #4144

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

Remington & Vernick Engineers II Inc. 401(k) and Profit Sharing PlanRemington & Vernick Engineer…$85MPmc Global, Inc. and Subsidiaries Employees' Retirement Savings PlanPmc Global, Inc. and Subsidi…$85MPropel Hr 401(k) Plan$85MHealthbridge Management 401(k) PlanHealthbridge Management 401(…$85MIcapital Network, Inc. 401(k) PlanIcapital Network, Inc. 401(k…$85M
End-of-year total assets ($M) among Propel Hr 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

South Carolina filing particulars

Total Assets (Beginning of Year)$43M
Net Assets (End of Year)$85M
Net Income$8M
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. 05000100001500020000 -1012345 Total assets ($B) Participants Propel Hr 401(k) Plan, Total assets ($B): 0.085418745 · Participants: 1912Propel Hr 401(k) PlanMichelin 401(k) Savings Plan, Total assets ($B): 4.477517422 · Participants: 15095Michelin 401(k) Savings PlanThe Savannah River Nuclear Solutions, LLC Defined Contribution Plan, Total assets ($B): 2.829914985 · Participants: 9296The Savannah River Nuclear Solutions, LLC Defined Contribution PlanSonoco Retirement & Savings Plan, Total assets ($B): 1.663698617 · Participants: 11813Sonoco Retirement & Savings PlanBlue Cross Blue Shield of Sc Employee Savings and Salary Reduction Plan, Total assets ($B): 1.460862801 · Participants: 11878Blue Cross Blue Shield of Sc Employee Savings and Salary Reduction PlanThe Milliken Retirement Plan, Total assets ($B): 1.350798497 · Participants: 5733The Milliken Retirement Plan
Propel Hr 401(k) Plan vs. nearby 401(k) plans in South Carolina, assets vs. participants
Compare Propel Hr 401(k) Plan side-by-side with 3 peers →

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 Healthbridge Management 401(k) Plan in NJ ($85M); by covered participants it is Cvent, Inc. in VA (1,912 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (1,912 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. 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 2024? ▼
Propel Hr 401(k) Plan surged - up 100.9% during 2024, from $43M to $85M. Reported net income was $8M.
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 89th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (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 Healthbridge Management 401(k) Plan in NJ ($85M, 3,322 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 Cvent, Inc. in VA (1,912 participants, $241M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 205888849.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.