Plan Ledger DOL Form 5500 · updated monthly

Ama Transportation Co., Inc.401(k)

AMA TRANSPORTATION CO., INC. 401(K) PROFIT SHARING PLAN · BILLERICA, MA · plan year 2023

Reported admin expense ratio · 2023
0.72%

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

Ama Transportation Co., Inc. reported $44,268 in plan administrative expenses for 2023: 0.72% of average plan assets, above the peer median. Employer contributions averaged $620 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 has held roughly steady near 0.72%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other transportation & warehousing employers. By assets it is among the smaller plans on file in Massachusetts (2,155th of 2,726), and 1,411th of 2,677 in transportation & warehousing. In 2023, employees put in $4.93 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$6,913,647
Participants with balances162
Active participants147
Employer contributions$91,165
Employee contributions$449,462
Employer contribution per active participant$620
Average account balance$42,677
Benefits paid to participants$190,073
Plan auditUnmodified (clean) audit opinion
AuditorFREED MAXICK CPAS, PC
Plan history3
Yearassets · accounts · employer contribution
2024$0 · $58K emplr
2023$6.9M · 162 accts · $91K emplr
2022$5.4M · 149 accts · $86K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$19,275
Investment management$19,439
Trustee / custodial$4,849
Total administrative$44,268
The Ama Transportation Co., Inc. 401(k) match · 2023
Employer contribution per active participant$620
Median for plans this size$1,308
2023$620 per active participant
2022$616 per active participant

Ama Transportation Co., Inc.'s 2023 employer contribution ran below the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20233
SENTINEL BENEFITS GROUP, INC. · Recordkeeping$19,275
SENTINEL PENSION ADVISORS · Investment advisory (plan)$19,439
FIDELITY TRUST COMPANY · Custodial (securities) · Trustee$5,554

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

Recordkeeper by year2
2024Sentinel Group
2023Sentinel Group

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

Administrative cost history3
2024Not separately reported
2023$44,268 · 0.72%
2022$41,567 · 0.71%
Similar plansTransportation & Warehousing · Massachusetts
Roberts Energy, LLC MA$7.0M · 0.59%
Aa Transportation, Inc. MA$6.3M · 1.23%
H&L Bloom Inc. MA$5.9M · 0.18%

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Source: U.S. Department of Labor, Form 5500 series, EIN 043535524 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.