Plan Ledger DOL Form 5500 · updated monthly

Amcomm Telecommunications, Inc.401(k)

AMCOMM TELECOMMUNICATIONS, INC. 401(K) PLAN · BRIGHTON, MI · plan year 2024

Reported admin expense ratio · 2024
1.32%

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

Amcomm Telecommunications, Inc. reported $56,690 in plan administrative expenses for 2024: 1.32% of average plan assets, higher than ~90% of peers. Employer contributions averaged $857 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 1.71% to 1.32%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other information & media employers. By assets it is among the smaller plans on file in Michigan (2,029th of 2,619), and 1,899th of 2,199 in information & media. In 2024, employees put in $5.43 for every $1.00 the employer contributed; active participation has grown from 145 to 175 since 2022.

Plan summary
Net assets, end of year$4,801,150
Participants with balances185
Active participants175
Employer contributions$149,944
Employee contributions$814,403
Employer contribution per active participant$857
Average account balance$25,952
Benefits paid to participants$405,444
Plan auditUnmodified (clean) audit opinion
AuditorPRICEKUBECKA
Plan history3
Yearassets · accounts · employer contribution
2024$4.8M · 185 accts · $150K emplr
2023$3.8M · 190 accts · $249K emplr
2022$2.6M · 158 accts · $239K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$34,686
Investment management$22,004
Total administrative$56,690
The Amcomm Telecommunications, Inc. 401(k) match · 2024
Employer contribution per active participant$857
Median for plans this size$1,313
2024$857 per active participant
2023$1,439 per active participant
2022$1,651 per active participant

Amcomm Telecommunications, Inc.'s 2024 employer contribution ran below the $1,313 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20241
ASSETMARK RETIREMENT SERVICES, INC. · Recordkeeping$56,690

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

Recordkeeper by year2
2024ASSETMARK RETIREMENT SERVICES, INC.
2023ASSETMARK RETIREMENT SERVICES, INC.

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

Administrative cost history3
2024$56,690 · 1.32%
2023$50,331 · 1.57%
2022$42,437 · 1.71%
Similar plansInformation & Media · Michigan
Autobooks, Inc. MI$4.9M · 0.80%
Alliance Mobile MI$4.4M · 0.15%
Marceco, LTD MI$3.8M · 0.30%
Blue Link Wireless, LLC MI$1.9M · 7.21%

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Source: U.S. Department of Labor, Form 5500 series, EIN 383304532 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.