Plan Ledger DOL Form 5500 · updated monthly

American Asset Corporation Companies, LTD.401(k)

AAC 401(K) PLAN · CHARLOTTE, NC · plan year 2022

Reported admin expense ratio · 2022
0.38%

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

American Asset Corporation Companies, LTD. reported $45,036 in plan administrative expenses for 2022: 0.38% of average plan assets, above the peer median. Employer contributions averaged $3,552 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 $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other real estate & leasing employers. By assets it is among the smaller plans on file in North Carolina (1,049th of 2,005), and the 1,048th of 2,096 in real estate & leasing. In 2022, employees put in $1.72 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$11,058,206
Participants with balances95
Active participants92
Employer contributions$326,771
Employee contributions$562,011
Employer contribution per active participant$3,552
Average account balance$116,402
Benefits paid to participants$355,349
Plan auditUnmodified (clean) audit opinion
AuditorDAVIDSON, HOLLAND, WHITESELL & CO.,
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$10,034
Investment management$35,002
Total administrative$45,036
The American Asset Corporation Companies, LTD. 401(k) match · 2022
Employer contribution per active participant$3,552
Median for plans this size$2,266

American Asset Corporation Companies, LTD.'s 2022 employer contribution ran above the $2,266 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$45,036 · 0.38%
Similar plansReal Estate & Leasing · North Carolina
Trinity Partners, LLC NC$14.6M · 0.52%
Nwr Services, LLC NC$14.4M · 0.16%
Gingko Residential LLC NC$14.0M · 0.41%
Kane Realty Corporation NC$13.8M · 0.19%
Biltmore Farms, LLC NC$11.0M · 0.25%
Westminster Company NC$10.4M · 0.53%
S&S Services Group, LLC NC$10.0M · 0.32%

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Source: U.S. Department of Labor, Form 5500 series, EIN 133707056 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.