Plan Ledger DOL Form 5500 · updated monthly

Action Facilities Management401(k)

ACTION FACILITIES MANAGEMENT RETIREMENT SAVINGS PLAN · MORGANTOWN, WV · plan year 2024

Reported admin expense ratio · 2024
0.47%

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

Action Facilities Management reported $26,824 in plan administrative expenses for 2024: 0.47% of average plan assets, below the peer median. Employer contributions averaged $1,092 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 0.71% to 0.47%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other administrative & support services employers. By assets it is among the smaller plans on file in West Virginia (173rd of 265), and 1,319th of 2,534 in administrative & support services. In 2024, employees put in $2.63 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$6,137,795
Participants with balances160
Active participants194
Employer contributions$211,880
Employee contributions$557,599
Employer contribution per active participant$1,092
Average account balance$38,361
Benefits paid to participants$603,769
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$6.1M · 160 accts · $212K emplr
2023$5.3M · 166 accts · $220K emplr
2022$4.2M · 154 accts · $215K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,760
Audit (IQPA)$25,064
Total administrative$26,824
The Action Facilities Management 401(k) match · 2024
Employer contribution per active participant$1,092
Median for plans this size$1,313
2024$1,092 per active participant
2023$962 per active participant
2022$1,121 per active participant

Action Facilities Management's 2024 employer contribution ran below the $1,313 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 · 20241

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

Administrative cost history3
2024$26,824 · 0.47%
2023$33,016 · 0.69%
2022$32,711 · 0.71%
Same employer
Similar plansAdministrative & Support Services · West Virginia
Williams Lea LLC WV$164.9M · 0.12%
Onyx Corporation MA$6.2M · 0.04%
Copper Hill Inc. MI$6.2M · 0.17%
Management Registry, Inc KY$6.1M · 1.87%

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Source: U.S. Department of Labor, Form 5500 series, EIN 320062671 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.