Plan Ledger DOL Form 5500 · updated monthly

American Gift Corporation401(k)

AMERICAN GIFT CORPORATION RETIREMENT SAVINGS PLAN · MIAMI, FL · plan year 2024

Reported admin expense ratio · 2024
0.00%

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

American Gift Corporation reported $630 in plan administrative expenses for 2024: 0.00% of average plan assets, lower than ~75% of peers. Employer contributions averaged $3,336 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 0.004% to 0.004%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other wholesale trade employers. By assets it is the 1,278th-largest of 3,644 plans among Florida employers on file, and 2,203rd of 4,246 in wholesale trade. In 2024, the employer put in $1.68 for every $1.00 employees contributed themselves; active participation has grown from 103 to 146 since 2022.

Plan summary
Net assets, end of year$16,644,988
Participants with balances157
Active participants146
Employer contributions$487,024
Employee contributions$289,878
Employer contribution per active participant$3,336
Average account balance$106,019
Benefits paid to participants$1,537,633
Plan auditUnmodified (clean) audit opinion
AuditorFUOCO GROUP
Plan history3
Yearassets · accounts · employer contribution
2024$16.6M · 157 accts · $487K emplr
2023$15.3M · 129 accts · $559K emplr
2022$13.1M · 108 accts · $464K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$630
Total administrative$630
The American Gift Corporation 401(k) match · 2024
Employer contribution per active participant$3,336
Median for plans this size$2,416
2024$3,336 per active participant
2023$4,173 per active participant
2022$4,507 per active participant

American Gift Corporation'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 · 20241
JPMORGAN INVEST HOLDINGS LLC$630

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$630 · 0.00%
2023$300 · 0.00%
2022$630 · 0.00%
Similar plansWholesale Trade · Florida
Nipro Medical Corporation FL$17.5M · 0.19%
Daher Aircraft, Inc. FL$16.7M · 0.67%
Jci Jones Chemicals, Inc. FL$16.1M · 0.90%
Dedc, Inc. FL$15.6M · 0.04%
H.A. Motors LLP FL$14.6M · 0.93%

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Source: U.S. Department of Labor, Form 5500 series, EIN 590792347 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.