Plan Ledger DOL Form 5500 · updated monthly

Ags Payroll Services LLC401(k)

AGS PAYROLL SERVICES LLC 401K PLAN · MONTEBELLO, NY · plan year 2024

Reported admin expense ratio · 2024
0.17%

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

Ags Payroll Services LLC reported $105,544 in plan administrative expenses for 2024: 0.17% of average plan assets, above the peer median. Employer contributions averaged $19 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 0.49% to 0.17%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 1,123rd-largest of 5,648 plans among New York employers on file, and the 1,514th of 11,911 in health care & social assistance. In 2024, employees put in $23.10 for every $1.00 the employer contributed; active participation has grown from 11,998 to 14,204 since 2022.

Plan summary
Net assets, end of year$65,099,515
Participants with balances3,064
Active participants14,204
Employer contributions$266,270
Employee contributions$6,151,406
Employer contribution per active participant$19
Average account balance$21,247
Benefits paid to participants$6,743,333
Plan auditUnmodified (clean) audit opinion
AuditorBLATT & DAUMAN LLP
Plan history3
Yearassets · accounts · employer contribution
2024$65.1M · 3,064 accts · $266K emplr
2023$58.1M · 3,598 accts · $298K emplr
2022$50.6M · 3,198 accts · $366K emplr
Administrative expenses, itemized · 2024
Investment management$105,544
Total administrative$105,544
The Ags Payroll Services LLC 401(k) match · 2024
Employer contribution per active participant$19
Median for plans this size$3,635
2024$19 per active participant
2023$23 per active participant
2022$30 per active participant

Ags Payroll Services LLC's 2024 employer contribution ran below the $3,635 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 · 20241
TRANSAMERICA FINANCIAL LIFE INSUR C · Recordkeeping · Loan processing$105,544

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

Recordkeeper by year2
2024Transamerica
2023Transamerica

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$105,544 · 0.17%
2023$143,568 · 0.26%
2022$278,779 · 0.49%
Similar plansHealth Care & Social Assistance · New York
The Children's Aid Society NY$67.1M · 0.72%
Orthopedicsny, LLP NY$65.7M · 0.17%
Acorda Therapeutics, Inc. NY$64.9M · 0.07%
Horizon Medical Group, PC NY$64.6M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 832603713 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.