Plan Ledger DOL Form 5500 · updated monthly

American Advanced Management, Inc.401(k)

AMERICAN ADVANCED MANAGEMENT, INC. 401(K) PLAN · MODESTO, CA · plan year 2024

Reported admin expense ratio · 2024
0.51%

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

American Advanced Management, Inc. reported $20,253 in plan administrative expenses for 2024: 0.51% of average plan assets, below the peer median. Employer contributions averaged $5 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 2.77% to 0.51%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in California (7,122nd of 9,483), and 8,123rd of 11,911 in health care & social assistance. In 2024, employees put in $107.97 for every $1.00 the employer contributed; active participation has grown from 1,294 to 1,466 since 2022.

Plan summary
Net assets, end of year$4,641,919
Participants with balances684
Active participants1,466
Employer contributions$7,826
Employee contributions$844,974
Employer contribution per active participant$5
Average account balance$6,786
Benefits paid to participants$286,128
Plan auditUnmodified (clean) audit opinion
AuditorJWT & ASSOCIATES, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$4.6M · 684 accts · $8K emplr
2023$3.3M · 683 accts
2022$2.7M · 693 accts · $799 emplr
The American Advanced Management, Inc. 401(k) match · 2024
Employer contribution per active participant$5
Median for plans this size$1,313
2024$5 per active participant
2022$1 per active participant

American Advanced Management, Inc.'s 2024 employer contribution ran below the $1,313 median for plans its size, in the bottom 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
LPL FINANCIALindirect comp

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

Administrative cost history3
2024$20,253 · 0.51%
2023$18,715 · 0.63%
2022$84,943 · 2.77%
Similar plansHealth Care & Social Assistance · California
Hope Hospice, Inc. CA$4.7M · 0.41%
Family Care Network, Inc. CA$4.6M · 0.08%

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Source: U.S. Department of Labor, Form 5500 series, EIN 824423052 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.