Plan Ledger DOL Form 5500 · updated monthly

Ame Community Services, Inc.401(k)

AME COMMUNITY SERVICES 401(K) PLAN · BUFFALO, MN · plan year 2022

Reported admin expense ratio · 2022
0.31%

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

Ame Community Services, Inc. reported $8,662 in plan administrative expenses for 2022: 0.31% of average plan assets, below the peer median. Employer contributions averaged $1,054 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Minnesota (1,776th of 1,918), and 9,828th of 11,911 in health care & social assistance. In 2022, employees put in $1.69 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,267,975
Participants with balances81
Active participants117
Employer contributions$123,275
Employee contributions$207,845
Employer contribution per active participant$1,054
Average account balance$28,000
Benefits paid to participants$838,250
Plan auditUnmodified (clean) audit opinion
AuditorSCHLENNER WENNER & CO.
Administrative expenses, itemized · 2022
Professional / advisory$5,792
Total administrative$8,662
The Ame Community Services, Inc. 401(k) match · 2022
Employer contribution per active participant$1,054
Median for plans this size$1,114

Ame Community Services, Inc.'s 2022 employer contribution ran below the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$8,662 · 0.31%
Same employer
Similar plansHealth Care & Social Assistance · Minnesota
Mother of Mercy MN$2.5M · 0.57%
Viverant Pt, LLC MN$2.4M · 0.99%
Pinnacle Services, Inc. MN$2.3M · 1.36%
Merrick, Inc. MN$2.1M · 1.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 411713577 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.