Plan Ledger DOL Form 5500 · updated monthly

Ambiopharm, Inc.401(k)

AMBIOPHARM, INC. 401(K) PLAN · BEECH ISLAND, SC · plan year 2023

Reported admin expense ratio · 2023
1.14%

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

Ambiopharm, Inc. reported $82,579 in plan administrative expenses for 2023: 1.14% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,906 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 1.22% to 0.88%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in South Carolina (471st of 807), and 8,611th of 11,654 in professional & technical services. In 2023, employees put in $2.07 for every $1.00 the employer contributed; active participation has shrunk from 198 to 165 since 2022.

Plan summary
Net assets, end of year$8,195,594
Participants with balances260
Active participants165
Employer contributions$479,451
Employee contributions$993,215
Employer contribution per active participant$2,906
Average account balance$31,522
Benefits paid to participants$727,051
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$6.9M · 158 accts · $393K emplr
2023$8.2M · 260 accts · $479K emplr
2022$6.3M · 237 accts · $485K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$56,043
Investment management$26,536
Total administrative$82,579
The Ambiopharm, Inc. 401(k) match · 2023
Employer contribution per active participant$2,906
Median for plans this size$1,308
2024$2,691 per active participant
2023$2,906 per active participant
2022$2,447 per active participant

Ambiopharm, Inc.'s 2023 employer contribution ran above the $1,308 median for plans its size, placing it in the top 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 · 20234
TRANSAMERICA FINANCIAL LIFE INS CO · Recordkeeping · Loan processing$45,311
TRANSAMERICA LIFE INSURANCE COMPANY · Recordkeeping · Loan processing$7,707
MERRILL LYNCH LIFE AGENCY, INC. · Consulting · Investment advisory (plan)$20,991
TRUIST ADVISORY SERVICES INC. · Consulting · Investment advisory (plan)$5,545

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$66,331 · 0.88%
2023$82,579 · 1.14%
2022$81,484 · 1.22%
Same employer
Similar plansProfessional & Technical Services · South Carolina
Voco America Inc SC$9.0M · 0.51%
Systemtec, Inc. SC$8.7M · 0.86%
Msi-Viking Gage, LLC SC$6.0M · 0.55%
Allsource Enterprises LLC SC$5.9M · 0.79%

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Source: U.S. Department of Labor, Form 5500 series, EIN 223940281 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.