Plan Ledger DOL Form 5500 · updated monthly

Aggressive Manufacturing Innovations, Inc.401(k)

AUTOMOTIVE MANUFACTURING EMPLOYEES' 401(K) PLAN · LEWISTON, MI · plan year 2024

Reported admin expense ratio · 2024
1.29%

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

Aggressive Manufacturing Innovations, Inc. reported $53,176 in plan administrative expenses for 2024: 1.29% of average plan assets, higher than ~90% of peers. Employer contributions averaged $708 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 0.96% to 1.29%. 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 Michigan (2,109th of 2,619), and 11,671st of 13,661 in manufacturing. In 2024, employees put in $2.00 for every $1.00 the employer contributed; active participation has shrunk from 145 to 119 since 2022.

Plan summary
Net assets, end of year$4,125,460
Participants with balances137
Active participants119
Employer contributions$84,199
Employee contributions$168,781
Employer contribution per active participant$708
Average account balance$30,113
Benefits paid to participants$645,871
Plan auditUnmodified (clean) audit opinion
AuditorWEINLANDER FITZHUGH
Plan history3
Yearassets · accounts · employer contribution
2024$4.1M · 137 accts · $84K emplr
2023$4.1M · 151 accts · $112K emplr
2022$4.0M · 178 accts · $140K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$36,037
Investment management$10,774
Total administrative$53,176
The Aggressive Manufacturing Innovations, Inc. 401(k) match · 2024
Employer contribution per active participant$708
Median for plans this size$1,313
2024$708 per active participant
2023$821 per active participant
2022$967 per active participant

Aggressive Manufacturing Innovations, Inc.'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 · 20243
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$36,037
ERP SOUTHWEST LLC · Contract administrator · Other services$17,139
OSAIC WEALTH INC · Other servicesindirect 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$53,176 · 1.29%
2023$41,403 · 1.02%
2022$41,626 · 0.96%
Same employer
Similar plansManufacturing · Michigan
Hazekamp Meats MI$4.3M · 0.56%
Lafata Management, Inc. MI$4.3M · 0.49%
Gretchen's House, Inc. MI$4.1M · 0.03%
The Decc Company, Inc. MI$4.1M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 320009678 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.