Plan Ledger DOL Form 5500 · updated monthly

Advanced Molding Technologies401(k)

ADVANCED MOLDING TECHNOLOGIES 401(K) PROFIT SHARING PLAN & TRUST · CIRCLE PINES, MN · plan year 2024

Reported admin expense ratio · 2024
0.68%

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

Advanced Molding Technologies reported $45,147 in plan administrative expenses for 2024: 0.68% of average plan assets, above the peer median. Employer contributions averaged $472 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 0.682%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Minnesota (1,466th of 1,918), and 10,277th of 13,661 in manufacturing. In 2024, employees put in $7.34 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$6,806,974
Participants with balances167
Active participants164
Employer contributions$77,425
Employee contributions$568,103
Employer contribution per active participant$472
Average account balance$40,760
Benefits paid to participants$1,187,645
Plan history3
Yearassets · accounts · employer contribution
2024$6.8M · 167 accts · $77K emplr
2023$6.4M · 152 accts · $74K emplr
2022$5.1M · 151 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$20,529
Investment management$23,758
Trustee / custodial$860
Total administrative$45,147
The Advanced Molding Technologies 401(k) match · 2024
Employer contribution per active participant$472
Median for plans this size$1,313
2024$472 per active participant
2023$428 per active participant

Advanced Molding Technologies's 2024 employer contribution ran below the $1,313 median for plans its size, in the bottom 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
PAYCHEX, INC. · Recordkeeping$16,174
IRON HORSE WEALTH MANAGEMENT LLC · Investment advisory (participants)$23,758

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

Recordkeeper by year2
2024Paychex
2023IRON HORSE WEALTH MANAGEMENT LLC, Paychex

This plan has changed recordkeepers within these filings. If you left Advanced Molding Technologies before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$45,147 · 0.68%
2023$38,758 · 0.67%
2022$36,894 · 0.68%
Same employer
Similar plansManufacturing · Minnesota
Kit Masters, Inc. MN$6.9M · 0.20%
Crown Extrusions, Inc. MN$6.9M · 0.44%
Reo Plastics, Inc. MN$6.9M · 1.04%
The Sierra Company LLC MN$6.5M · 0.43%
Surly Brewing Co. MN$5.9M · 0.42%

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Source: U.S. Department of Labor, Form 5500 series, EIN 411957460 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.