Plan Ledger DOL Form 5500 · updated monthly

American Consulting Services, Inc.401(k) + ESOP (KSOP)

AMERICAN STOCK, SAVINGS AND EMPLOYEE TRUST · ST. PAUL, MN · plan year 2022

Reported admin expense ratio · 2022
0.10%

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

American Consulting Services, Inc. reported $73,069 in plan administrative expenses for 2022: 0.10% of average plan assets, below the peer median. Employer contributions averaged $4,513 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 $50M–$250M size bracket, benchmarked here against 9,341 comparable plans and shown alongside other finance & insurance employers. By assets it is the 361st-largest of 1,918 plans among Minnesota employers on file, and the 1,258th of 4,798 in finance & insurance. In 2022, employees put in $1.05 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$73,235,566
Participants with balances479
Active participants458
Employer contributions$2,067,023
Employee contributions$2,165,429
Employer contribution per active participant$4,513
Average account balance$152,893
Benefits paid to participants$4,225,339
Plan auditUnmodified (clean) audit opinion
AuditorBOYUM AND BARENSCHEER, PLLP
Plan history3
Yearassets · accounts · employer contribution
2024$35.0M · 515 accts
2023$32.0M · 481 accts · $2.3M emplr
2022$73.2M · 479 accts · $2.1M emplr
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$45,388
Investment management$17,382
Professional / advisory$10,299
Total administrative$73,069
The American Consulting Services, Inc. 401(k) match · 2022
Employer contribution per active participant$4,513
Median for plans this size$3,449
2023$5,287 per active participant
2022$4,513 per active participant

American Consulting Services, Inc.'s 2022 employer contribution ran above the $3,449 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 history3
2024Not separately reported
2023Not separately reported
2022$73,069 · 0.10%
All plans at this employer2
AMERICAN STOCK, SAVINGS AND EMPLOYEE TRUST401(k) + ESOP (KSOP)
AMERICAN CONSULTING SERVICES, INC. 401(K) PLAN401(k)
Same employer
Similar plansFinance & Insurance · Minnesota
Long Term Care Group, Inc. MN$77.6M · 0.42%
Minnwest Corporation MN$72.5M · 0.17%
Wilson-McShane Corporation MN$67.7M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 411646055 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.