Plan Ledger DOL Form 5500 · updated monthly

Aamci - Management, Inc.401(k)

AMERICAN APARTMENT MANAGEMENT TAX DEFERRED SAVINGS PLAN · KNOXVILLE, TN · plan year 2024

Reported admin expense ratio · 2024
1.20%

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

Aamci - Management, Inc. reported $58,482 in plan administrative expenses for 2024: 1.20% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,661 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 fell from 1.35% to 1.20%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other real estate & leasing employers. By assets it is among the smaller plans on file in Tennessee (1,078th of 1,496), and 1,522nd of 2,096 in real estate & leasing. In 2024, employees put in $1.58 for every $1.00 the employer contributed; active participation has shrunk from 76 to 64 since 2022.

Plan summary
Net assets, end of year$4,943,479
Participants with balances125
Active participants64
Employer contributions$170,315
Employee contributions$268,958
Employer contribution per active participant$2,661
Average account balance$39,548
Benefits paid to participants$974,026
Plan auditUnmodified (clean) audit opinion
AuditorPURKEY, CARTER, COMPTON, SWANN & CA
Plan history3
Yearassets · accounts · employer contribution
2024$4.9M · 125 accts · $170K emplr
2023$4.8M · 132 accts · $189K emplr
2022$3.9M · 125 accts · $187K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$17,093
Investment management$41,389
Total administrative$58,482
The Aamci - Management, Inc. 401(k) match · 2024
Employer contribution per active participant$2,661
Median for plans this size$1,313
2024$2,661 per active participant
2023$2,857 per active participant
2022$2,455 per active participant

Aamci - Management, Inc.'s 2024 employer contribution ran above the $1,313 median for plans its size, placing it in the top quarter of its peers. 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 · 20242
ASCENSUS LLC · Loan processing · Recordkeeping$17,093
FISHER ASSET MANAGEMENT, LLC · Investment advisory (plan)$41,389

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

Recordkeeper by year2
2024Ascensus
2023Ascensus

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

Administrative cost history3
2024$58,482 · 1.20%
2023$66,419 · 1.53%
2022$63,525 · 1.35%
Same employer
Similar plansReal Estate & Leasing · Tennessee
Ghertner & Company TN$7.9M · 1.02%
Wright Investments, Inc. TN$4.9M · 0.24%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 620882160 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.