Plan Ledger DOL Form 5500 · updated monthly

American Future Systems, Inc. dba Successfuel401(k)

AMERICAN FUTURE SYSTEMS, INC. 401(K) SAVINGS AND PROFIT SHARING PLAN · KING OF PRUSSIA, PA · plan year 2023

Reported admin expense ratio · 2023
0.47%

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

American Future Systems, Inc. dba Successfuel reported $77,563 in plan administrative expenses for 2023: 0.47% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,693 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 0.35% to 0.30%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other information & media employers. By assets it is the 1,712th-largest of 3,651 plans among Pennsylvania employers on file, and 1,137th of 2,199 in information & media. In 2023, employees put in $4.02 for every $1.00 the employer contributed; active participation has shrunk from 75 to 67 since 2022.

Plan summary
Net assets, end of year$16,719,210
Participants with balances335
Active participants67
Employer contributions$113,415
Employee contributions$456,004
Employer contribution per active participant$1,693
Average account balance$49,908
Benefits paid to participants$2,497,278
Plan auditUnmodified (clean) audit opinion
AuditorMARCUM LLP
Plan history3
Yearassets · accounts · employer contribution
2024$16.1M · 331 accts · $45K emplr
2023$16.7M · 335 accts · $113K emplr
2022$16.2M · 349 accts · $123K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$52,750
Investment management$8,173
Audit (IQPA)$16,640
Total administrative$77,563
The American Future Systems, Inc. dba Successfuel 401(k) match · 2023
Employer contribution per active participant$1,693
Median for plans this size$2,440
2024$987 per active participant
2023$1,693 per active participant
2022$1,641 per active participant

American Future Systems, Inc. dba Successfuel's 2023 employer contribution ran below 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 · 20233
LINCOLN NATIONAL CORPORATION · Contract administrator$52,750
MARCUM LLP · Accounting / audit$16,640
ENVESTNET RETIREMENT SOLUTIONS, LLC · Investment advisory (plan)$8,173

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$48,811 · 0.30%
2023$77,563 · 0.47%
2022$63,536 · 0.35%
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Source: U.S. Department of Labor, Form 5500 series, EIN 231897431 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.