Plan Ledger DOL Form 5500 · updated monthly

Air Mechanical & Service Corp.401(k)

AMSCO (AIR MECHANICAL & SERVICE CORP.) 401(K) PLAN · TAMPA, FL · plan year 2024

Reported admin expense ratio · 2024
0.68%

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

Air Mechanical & Service Corp. reported $83,582 in plan administrative expenses for 2024: 0.68% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,044 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 0.68%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other construction employers. By assets it is the 1,505th-largest of 3,644 plans among Florida employers on file, and 2,695th of 5,337 in construction. In 2024, employees put in $3.13 for every $1.00 the employer contributed; active participation has grown from 250 to 280 since 2022.

Plan summary
Net assets, end of year$12,931,582
Participants with balances185
Active participants280
Employer contributions$292,299
Employee contributions$915,745
Employer contribution per active participant$1,044
Average account balance$69,900
Benefits paid to participants$1,216,875
Plan auditUnmodified (clean) audit opinion
AuditorRIVERO, GORDIMER & CO., P.A.
Plan history3
Yearassets · accounts · employer contribution
2024$12.9M · 185 accts · $292K emplr
2023$11.7M · 189 accts · $286K emplr
2022$9.9M · 188 accts · $268K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$81,093
Investment management$2,489
Total administrative$83,582
The Air Mechanical & Service Corp. 401(k) match · 2024
Employer contribution per active participant$1,044
Median for plans this size$2,416
2024$1,044 per active participant
2023$904 per active participant
2022$1,071 per active participant

Air Mechanical & Service Corp.'s 2024 employer contribution ran below the $2,416 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 · 20243
R.J.L. PENSION SERVICES, INC. · Recordkeeping$2,400
JOHN HANCOCK LIFE INSURANCE COMPANY · Recordkeeping · Investment management$1,500
WILSHIRE ASSOCIATES, INC. · Investment advisory (participants)indirect comp

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

Recordkeeper by year2
2024John Hancock, R.J.L. PENSION SERVICES, INC.
2023John Hancock, R.J.L. PENSION SERVICES, INC.

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Administrative cost history3
2024$83,582 · 0.68%
2023$75,050 · 0.70%
2022$73,198 · 0.69%
Same employer
Similar plansConstruction · Florida
The Smart Companies. LLC FL$14.3M · 0.64%
C. Davis Electric Co., Inc. FL$13.7M · 0.39%
Welbro Building Corporation FL$12.9M · 0.23%
Borrell Electric Co., Inc. FL$12.6M · 0.50%
Johnson-Davis Incorporated FL$12.3M · 0.09%

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Source: U.S. Department of Labor, Form 5500 series, EIN 592158902 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.