Plan Ledger DOL Form 5500 · updated monthly

Advanced Medical Technology Association401(k)

ADVANCED MEDICAL TECHNOLOGY ASSOCIATION SAVINGS PLAN · WASHINGTON, DC · plan year 2024

Reported admin expense ratio · 2024
0.22%

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

Advanced Medical Technology Association reported $82,594 in plan administrative expenses for 2024: 0.22% of average plan assets, below the peer median. Employer contributions averaged $19,083 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 rose from 0.19% to 0.22%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other other services employers. By assets it is the 200th-largest of 618 plans among District of Columbia employers on file, and the 526th of 3,341 in other services. In 2024, the employer put in $1.09 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$41,511,965
Participants with balances122
Active participants86
Employer contributions$1,641,127
Employee contributions$1,504,524
Employer contribution per active participant$19,083
Average account balance$340,262
Benefits paid to participants$2,888,371
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$41.5M · 122 accts · $1.6M emplr
2023$34.7M · 118 accts · $1.5M emplr
2022$31.7M · 119 accts · $1.3M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$82,594
Total administrative$82,594
The Advanced Medical Technology Association 401(k) match · 2024
Employer contribution per active participant$19,083
Median for plans this size$2,416
2024$19,083 per active participant
2023$18,256 per active participant
2022$15,854 per active participant

Advanced Medical Technology Association's 2024 employer contribution ran above the $2,416 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
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$82,594
GLOBAL RETIREMENT PARTNERS LLC · Investment advisory (plan)indirect comp

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$82,594 · 0.22%
2023$81,667 · 0.25%
2022$65,838 · 0.19%
Similar plansOther Services · District of Columbia
Leadingage, Inc. DC$41.3M · 0.00%
Oceana, Inc. DC$39.2M · 0.21%

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Source: U.S. Department of Labor, Form 5500 series, EIN 521006053 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.