Plan Ledger DOL Form 5500 · updated monthly

Aamp of Florida, Inc401(k)

AAMP GLOBAL 401K PLAN · CLEARWATER, FL · plan year 2024

Reported admin expense ratio · 2024
0.60%

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

Aamp of Florida, Inc reported $64,447 in plan administrative expenses for 2024: 0.60% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,823 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 3 years on file its reported administrative ratio has held roughly steady near 0.60%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other wholesale trade employers. By assets it is the 1,661st-largest of 3,644 plans among Florida employers on file, and 2,755th of 4,246 in wholesale trade. In 2024, employees put in $3.47 for every $1.00 the employer contributed; active participation has shrunk from 202 to 143 since 2022.

Plan summary
Net assets, end of year$11,253,052
Participants with balances234
Active participants143
Employer contributions$260,746
Employee contributions$904,326
Employer contribution per active participant$1,823
Average account balance$48,090
Benefits paid to participants$1,465,428
Plan auditUnmodified (clean) audit opinion
AuditorRSM US LLP
Plan history3
Yearassets · accounts · employer contribution
2024$11.3M · 234 accts · $261K emplr
2023$10.1M · 238 accts · $307K emplr
2022$7.9M · 254 accts · $334K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$39,064
Investment management$25,383
Total administrative$64,447
The Aamp of Florida, Inc 401(k) match · 2024
Employer contribution per active participant$1,823
Median for plans this size$2,416
2024$1,823 per active participant
2023$1,884 per active participant
2022$1,654 per active participant

Aamp of Florida, Inc's 2024 employer contribution ran below the $2,416 median for plans its size. 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 · 20243
ADP, INC. · Loan processing · Recordkeeping$39,064
MERRILL LYNCH PIERCE FENNER & SMITH · Recordkeeping · Pension consulting$25,382
ADP BROKER-DEALER · Other servicesindirect comp

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

Recordkeeper by year2
2024ADP, Bank of America / Merrill
2023ADP, Bank of America / Merrill

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

Administrative cost history3
2024$64,447 · 0.60%
2023$54,174 · 0.60%
2022$58,699 · 0.63%
Same employer
Similar plansWholesale Trade · Florida
Xec, LLC FL$11.5M · 0.30%
First Nation Group LLC FL$11.4M · 0.02%
Wish Farms, Inc. FL$11.1M · 0.50%
AP4 Group LLC FL$11.0M · 0.19%
Club Assist US LLC FL$11.0M · 0.58%
Jerry Pate Company FL$10.4M · 0.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 592901317 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.