Plan Ledger DOL Form 5500 · updated monthly

Ambassador Home Improvements, Inc.401(k)

AMBASSADOR HOME IMPROVEMENTS, INC. 401(K) PROFIT SHARING PLAN · MECHANICSBURG, PA · plan year 2023

Reported admin expense ratio · 2023
0.35%

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

Ambassador Home Improvements, Inc. reported $45,708 in plan administrative expenses for 2023: 0.35% of average plan assets, above the peer median. Employer contributions averaged $2,430 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 0.01% to 0.50%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in Pennsylvania (1,878th of 3,651), and the 2,505th of 5,337 in construction. In 2023, employees put in $1.85 for every $1.00 the employer contributed; active participation has grown from 220 to 261 since 2022.

Plan summary
Net assets, end of year$14,704,564
Participants with balances178
Active participants261
Employer contributions$634,159
Employee contributions$1,171,044
Employer contribution per active participant$2,430
Average account balance$82,610
Benefits paid to participants$638,850
Plan auditUnmodified (clean) audit opinion
AuditorBOYER & RITTER LLC
Plan history3
Yearassets · accounts · employer contribution
2024$12.9M · 188 accts · $768K emplr
2023$14.7M · 178 accts · $634K emplr
2022$11.3M · 176 accts · $538K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$20,713
Investment management$24,995
Total administrative$45,708
The Ambassador Home Improvements, Inc. 401(k) match · 2023
Employer contribution per active participant$2,430
Median for plans this size$2,440
2024$2,665 per active participant
2023$2,430 per active participant
2022$2,444 per active participant

Ambassador Home Improvements, Inc.'s 2023 employer contribution ran below the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
ALLIANCEBERNSTEIN LP · Investment advisory (plan)$24,995

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$68,483 · 0.50%
2023$45,708 · 0.35%
2022$1,427 · 0.01%
Same employer
Similar plansConstruction · Pennsylvania
Dual Temp Company, Inc. PA$14.9M · 0.35%
Geo. W. Kistler, Inc PA$14.8M · 0.41%
Grannas Brothers PA$14.8M · 0.01%
Ryco Inc. PA$14.2M
Kurkurin Contracting, Inc. PA$14.0M · 0.44%

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Source: U.S. Department of Labor, Form 5500 series, EIN 232076387 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.