Plan Ledger DOL Form 5500 · updated monthly

American Health Management, Inc.DC plan

EMPLOYEE BENEFIT PLAN OF AMERICAN HEALTH MANAGEMENT, INC. · RICHMOND, KY · plan year 2024

Reported admin expense ratio · 2024
0.29%

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

American Health Management, Inc. reported $13,186 in plan administrative expenses for 2024: 0.29% of average plan assets, below the peer median. Employer contributions averaged $321 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 0.05% to 0.29%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Kentucky (643rd of 871), and 7,871st of 11,911 in health care & social assistance. In 2024, employees put in $4.11 for every $1.00 the employer contributed; active participation has grown from 420 to 530 since 2022.

Plan summary
Net assets, end of year$5,067,900
Participants with balances736
Active participants530
Employer contributions$169,939
Employee contributions$699,125
Employer contribution per active participant$321
Average account balance$6,886
Benefits paid to participants$344,175
Plan auditUnmodified (clean) audit opinion
AuditorBALDWIN CPAS, PLLC
Plan history3
Yearassets · accounts · employer contribution
2024$5.1M · 736 accts · $170K emplr
2023$4.1M · 636 accts · $115K emplr
2022$3.2M · 504 accts · $78K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$12,965
Investment management$221
Total administrative$13,186
Employer contributions to the American Health Management, Inc. plan · 2024
Employer contribution per active participant$321
Median for plans this size$1,313
2024$321 per active participant
2023$250 per active participant
2022$185 per active participant

American Health Management, Inc.'s 2024 employer contribution ran below the $1,313 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.

Service providers · 20242
USI CONSULTING GROUP · Claims processing · Recordkeeping$6,927
MUTUAL OF AMERICA · Claims processing · Recordkeeping$6,188

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024Mutual of America, USI Consulting
2023Mutual of America

This plan has changed recordkeepers within these filings. If you left American Health Management, Inc. before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$13,186 · 0.29%
2023$2,817 · 0.08%
2022$1,775 · 0.05%
Same employer
Similar plansHealth Care & Social Assistance · Kentucky
Breckinridge Health, Inc. KY$4.7M · 1.00%
Kenney Ortho Group, Inc. KY$4.6M · 0.09%

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Source: U.S. Department of Labor, Form 5500 series, EIN 311541170 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.