Plan Ledger DOL Form 5500 · updated monthly

Ameri-Force, Inc.ESOP

AMERI-FORCE, INC. EMPLOYEE STOCK OWNERSHIP PLAN · JACKSONVILLE, FL · plan year 2022

Reported admin expense ratio · 2022
0.71%

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

Ameri-Force, Inc. reported $55,324 in plan administrative expenses for 2022: 0.71% of average plan assets, above the peer median. Employer contributions averaged $8,189 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 administrative & support services employers. By assets it is among the smaller plans on file in Florida (1,985th of 3,644), and the 1,121st of 2,534 in administrative & support services.

Plan summary
Net assets, end of year$8,260,606
Participants with balances279
Active participants79
Employer contributions$646,933
Employee contributions—
Employer contribution per active participant$8,189
Average account balance$29,608
Benefits paid to participants$581,933
Plan auditUnmodified (clean) audit opinion
AuditorENNIS, PELLUM AND ASSOCIATES, CPAS
Plan history3
Yearassets · accounts · employer contribution
2024$5.5M · 363 accts · $428K emplr
2023$7.3M · 316 accts · $571K emplr
2022$8.3M · 279 accts · $647K emplr
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$32,733
Professional / advisory$22,591
Total administrative$55,324
Employer contributions to the Ameri-Force, Inc. plan · 2022
Employer contribution per active participant$8,189
Median for plans this size$1,114
2024$2,623 per active participant
2023$4,324 per active participant
2022$8,189 per active participant

Ameri-Force, Inc.'s 2022 employer contribution ran above the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history3
2024Not separately reported
2023Not separately reported
2022$55,324 · 0.71%
Similar plansAdministrative & Support Services · Florida
Jmgt, LLC FL$8.5M · 0.55%
Inktel Holdings, LLC FL$8.3M · 0.41%
Mobilehelp LLC FL$8.1M · 0.31%
Ce Broker, Inc. FL$8.1M · 0.00%
All Star Recruiting, Inc. FL$8.0M · 0.37%

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Source: U.S. Department of Labor, Form 5500 series, EIN 593081023 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.