Plan Ledger DOL Form 5500 · updated monthly

American Electronics, Inc.401(k)

AMERICAN ELECTRONICS, INC. 401(K) SAVINGS AND PROFIT SHARING PLAN · CALIFORNIA, MD · plan year 2023

Reported admin expense ratio · 2023
0.06%

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

American Electronics, Inc. reported $16,727 in plan administrative expenses for 2023: 0.06% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,486 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 0.092%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other professional & technical services employers. By assets it is the 518th-largest of 1,671 plans among Maryland employers on file, and the 4,524th of 11,654 in professional & technical services. In 2023, employees put in $3.67 for every $1.00 the employer contributed; active participation has shrunk from 190 to 129 since 2022.

Plan summary
Net assets, end of year$26,751,521
Participants with balances268
Active participants129
Employer contributions$320,679
Employee contributions$1,175,513
Employer contribution per active participant$2,486
Average account balance$99,819
Benefits paid to participants$4,035,418
Plan auditUnmodified (clean) audit opinion
AuditorAPRIO LLP
Plan history3
Yearassets · accounts · employer contribution
2024$26.2M · 240 accts · $293K emplr
2023$26.8M · 268 accts · $321K emplr
2022$25.1M · 308 accts · $472K emplr
Administrative expenses, itemized · 2023
Investment management$38,924
Total administrative$16,727
The American Electronics, Inc. 401(k) match · 2023
Employer contribution per active participant$2,486
Median for plans this size$2,440
2024$2,442 per active participant
2023$2,486 per active participant
2022$2,486 per active participant

American Electronics, Inc.'s 2023 employer contribution ran above the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
CBIZ INVESTMENT ADVISORY SERVICES · Investment advisory (plan)$38,924
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processingindirect 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$24,368 · 0.09%
2023$16,727 · 0.06%
2022$26,173 · 0.09%
Same employer
Similar plansProfessional & Technical Services · Maryland
Becker Morgan Group, Inc. MD$26.8M · 0.27%
Franklin & Prokopik, P.C. MD$26.4M · 0.03%
Caremetx, LLC MD$26.4M · 0.45%
Mele Associates, Inc. MD$26.2M · 0.24%
Lb&B Associates Inc. MD$26.1M · 0.57%

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Source: U.S. Department of Labor, Form 5500 series, EIN 521292002 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.