Plan Ledger DOL Form 5500 · updated monthly

Aes Mechanical Services Group, Inc.401(k)

AES MECHANICAL SERVICES GROUP, INC. 401(K) PROFIT · TALLASSEE, AL · plan year 2023

Reported admin expense ratio · 2023
0.16%

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

Aes Mechanical Services Group, Inc. reported $4,942 in plan administrative expenses for 2023: 0.16% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,416 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 1 year on file its reported administrative ratio rose from 0.03% to 0.16%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Alabama (714th of 902), and 12,035th of 13,661 in manufacturing. In 2023, employees put in $1.37 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$3,455,056
Participants with balances94
Active participants75
Employer contributions$181,229
Employee contributions$248,790
Employer contribution per active participant$2,416
Average account balance$36,756
Benefits paid to participants$130,599
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$3.5M · 94 accts · $181K emplr
2022$2.7M · 97 accts · $185K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$4,942
Total administrative$4,942
The Aes Mechanical Services Group, Inc. 401(k) match · 2023
Employer contribution per active participant$2,416
Median for plans this size$1,308
2023$2,416 per active participant
2022$2,472 per active participant

Aes Mechanical Services Group, Inc.'s 2023 employer contribution ran above the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2
2023$4,942 · 0.16%
2022$951 · 0.03%
Similar plansManufacturing · Alabama
Mesker Mbm LP AL$3.6M · 1.93%
R.L. Zeigler Co., Inc. AL$3.5M · 0.09%
Pha America Inc AL$3.4M · 0.72%
Colormasters, LLC AL$3.3M · 0.09%
Cabinetry Holdings Corp. AL$3.3M · 0.94%

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Source: U.S. Department of Labor, Form 5500 series, EIN 201068725 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.