Plan Ledger DOL Form 5500 · updated monthly

American Equipment Co, Inc.401(k)

AMECO EMPLOYEES' SAVINGS INVESTMENT PLAN · GREENVILLE, SC · plan year 2024

Reported admin expense ratio · 2024
0.18%

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

American Equipment Co, Inc. reported $66,924 in plan administrative expenses for 2024: 0.18% of average plan assets, below the peer median. Employer contributions averaged $2,561 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 rose from 0.14% to 0.18%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other real estate & leasing employers. By assets it is the 152nd-largest of 807 plans among South Carolina employers on file, and the 363rd of 2,096 in real estate & leasing. In 2024, employees put in $2.13 for every $1.00 the employer contributed; active participation has grown from 151 to 330 since 2022.

Plan summary
Net assets, end of year$38,336,033
Participants with balances360
Active participants330
Employer contributions$845,034
Employee contributions$1,801,005
Employer contribution per active participant$2,561
Average account balance$106,489
Benefits paid to participants$2,935,829
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$38.3M · 360 accts · $845K emplr
2023$34.5M · 382 accts · $821K emplr
2022$19.7M · 140 accts · $331K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$57,251
Investment management$8,173
Total administrative$66,924
The American Equipment Co, Inc. 401(k) match · 2024
Employer contribution per active participant$2,561
Median for plans this size$2,416
2024$2,561 per active participant
2023$2,527 per active participant
2022$2,190 per active participant

American Equipment Co, Inc.'s 2024 employer contribution ran above the $2,416 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
VOYA RETIREMENT ADVISORS, LLC · Investment advisory (participants)$8,171
PNC BANK NATIONAL ASSOCIATIONindirect 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$66,924 · 0.18%
2023$54,895 · 0.20%
2022$26,588 · 0.14%
Same employer
Similar plansReal Estate & Leasing · South Carolina
Sunbelt Rentals, Inc. SC$1.2B · 0.15%
Edens Realty, Inc. SC$71.2M · 0.15%
Oto Development, LLC SC$34.6M · 0.30%
The Beach Company SC$34.1M · 0.21%

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Source: U.S. Department of Labor, Form 5500 series, EIN 570541745 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.