Plan Ledger DOL Form 5500 · updated monthly

American Ad Bag401(k)

AMERICAN AD BAG PROFIT SHARING 401(K) PLAN AND TRUST · GLENDALE, AZ · plan year 2024

Reported admin expense ratio · 2024
0.52%

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

American Ad Bag reported $65,573 in plan administrative expenses for 2024: 0.52% of average plan assets, higher than ~75% of peers. Employer contributions averaged $3,910 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 3 years on file its reported administrative ratio has held roughly steady near 0.52%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 471st-largest of 1,285 plans among Arizona employers on file, and 7,500th of 13,661 in manufacturing. In 2024, the employer put in $1.85 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$13,661,059
Participants with balances109
Active participants86
Employer contributions$336,231
Employee contributions$181,362
Employer contribution per active participant$3,910
Average account balance$125,331
Benefits paid to participants$660,062
Plan auditUnmodified (clean) audit opinion
AuditorCJBS, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$13.7M · 109 accts · $336K emplr
2023$11.5M · 111 accts · $262K emplr
2022$8.9M · 105 accts · $246K emplr
The American Ad Bag 401(k) match · 2024
Employer contribution per active participant$3,910
Median for plans this size$2,416
2024$3,910 per active participant
2023$3,011 per active participant
2022$3,120 per active participant

American Ad Bag's 2024 employer contribution ran above the $2,416 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 · 20242
JOHN HANCOCK LIFE INSURANCE COMPANY · Recordkeeping · Investment managementindirect comp
STRATEGIES WEALTH ADVISORS · Investment advisory (participants)$31,139

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

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

Administrative cost history3
2024$65,573 · 0.52%
2023$56,480 · 0.55%
2022$53,977 · 0.51%
Similar plansManufacturing · Arizona
Cafe Valley, Inc. AZ$14.6M · 0.65%
Micro-Tronics, Inc. AZ$14.4M · 0.02%
Interface Inc AZ$13.7M · 0.46%
Car-Graph, Inc. AZ$13.6M · 0.20%
Kalil Bottling Co. AZ$12.9M · 0.13%

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Source: U.S. Department of Labor, Form 5500 series, EIN 363849738 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.