Plan Ledger DOL Form 5500 · updated monthly

A&M Special Purchasing, Inc.401(k)

OCEAN STATE JOBBERS, INC. & AFFILIATES 401(K) PLAN · NORTH KINGSTOWN, RI · plan year 2024

Reported admin expense ratio · 2024
0.05%

A&M Special Purchasing, Inc. reported $18,718 in plan administrative expenses for 2024: 0.05% of average plan assets, lower than ~75% of peers. 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 fell from 0.054% to 0.048%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 79th-largest of 286 plans among Rhode Island employers on file, and the 3,294th of 11,654 in professional & technical services. active participation has grown from 3,274 to 4,147 since 2022.

Plan summary
Net assets, end of year$40,096,000
Participants with balances944
Active participants4,147
Employer contributions—
Employee contributions$3,157,545
Employer contribution per active participant—
Average account balance$42,475
Benefits paid to participants$5,704,309
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$40.1M · 944 accts
2023$38.3M · 922 accts
2022$32.6M · 912 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$18,718
Total administrative$18,718
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 · 20241
NEWPORT GROUP INC. · Contract administrator · Recordkeeping$16,018

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

Recordkeeper by year2
2024Newport (Ascensus)
2023Newport (Ascensus)

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$18,718 · 0.05%
2023$15,983 · 0.05%
2022$18,534 · 0.05%
Same employer
Similar plansProfessional & Technical Services · Rhode Island
Beta Group Inc RI$42.2M · 0.12%
Cai Software LLC RI$36.3M · 0.13%
Purvis Systems Inc RI$28.8M · 0.37%
Dominion Diagnostics, LLC RI$28.1M · 0.37%

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Source: U.S. Department of Labor, Form 5500 series, EIN 050405488 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.