Plan Ledger DOL Form 5500 · updated monthly

American Fence and Security Co., Inc.401(k)

AMERICAN FENCE AND SECURITY COMPANY 401(K) PLAN · PHOENIX, AZ · plan year 2024

Reported admin expense ratio · 2024
0.07%

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

American Fence and Security Co., Inc. reported $9,637 in plan administrative expenses for 2024: 0.07% of average plan assets, lower than ~75% of peers. Employer contributions averaged $982 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 fell from 0.11% to 0.07%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other construction employers. By assets it is the 444th-largest of 1,285 plans among Arizona employers on file, and the 2,478th of 5,337 in construction. In 2024, employees put in $7.33 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$14,973,683
Participants with balances265
Active participants227
Employer contributions$222,857
Employee contributions$1,632,524
Employer contribution per active participant$982
Average account balance$56,504
Benefits paid to participants$338,242
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$15.0M · 265 accts · $223K emplr
2023$12.1M · 255 accts · $215K emplr
2022$9.4M · 244 accts · $196K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$9,637
Total administrative$9,637
The American Fence and Security Co., Inc. 401(k) match · 2024
Employer contribution per active participant$982
Median for plans this size$2,416
2024$982 per active participant
2023$939 per active participant
2022$866 per active participant

American Fence and Security Co., Inc.'s 2024 employer contribution ran below the $2,416 median for plans its size, in the bottom quarter of its peers. 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.

Administrative cost history3
2024$9,637 · 0.07%
2023$8,050 · 0.07%
2022$10,472 · 0.11%
Same employer
Similar plansConstruction · Arizona
Felix Construction Company AZ$15.0M · 0.60%
Wallcor Inc. AZ$14.5M · 0.69%
3-G Construction Co., Inc. AZ$14.1M · 0.00%

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Source: U.S. Department of Labor, Form 5500 series, EIN 860848549 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.