American Asphalt Company, Inc.ESOP

American Asphalt Company, Inc.'s 2023 Form 5500 did not separately report plan administrative expenses, which is common where recordkeeping is paid through investment revenue-sharing or a master trust. The plan held $9,886,770 across 223 participant accounts. See methodology for what Form 5500 does and doesn't capture.

Across the 1 year on file its reported administrative ratio fell from 1.33% to 0.97%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in New Jersey (1,520th of 2,419), and 8,836th of 13,661 in manufacturing.