Plan Ledger DOL Form 5500 · updated monthly

American Heating, Inc.401(k)

AMERICAN HEATING, INC. 401(K) PLAN · PORTLAND, OR · plan year 2024

Reported admin expense ratio · 2024
0.23%

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

American Heating, Inc. reported $50,187 in plan administrative expenses for 2024: 0.23% of average plan assets, below the peer median. Employer contributions averaged $1,517 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 0.37% to 0.23%. 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 343rd-largest of 1,021 plans among Oregon employers on file, and the 1,886th of 5,337 in construction. In 2024, employees put in $4.13 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$22,116,422
Participants with balances189
Active participants204
Employer contributions$309,457
Employee contributions$1,278,888
Employer contribution per active participant$1,517
Average account balance$117,018
Benefits paid to participants$2,974,740
Plan auditUnmodified (clean) audit opinion
AuditorMAGINNIS & CAREY LLP
Plan history3
Yearassets · accounts · employer contribution
2024$22.1M · 189 accts · $309K emplr
2023$21.3M · 200 accts · $302K emplr
2022$17.4M · 194 accts · $293K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$33,520
Investment management$16,667
Total administrative$50,187
The American Heating, Inc. 401(k) match · 2024
Employer contribution per active participant$1,517
Median for plans this size$2,416
2024$1,517 per active participant
2023$1,308 per active participant
2022$1,314 per active participant

American Heating, Inc.'s 2024 employer contribution ran below 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 · 20242
MULTNOMAH GROUP INC. · Investment advisory (plan)$16,667

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$50,187 · 0.23%
2023$45,377 · 0.23%
2022$59,454 · 0.37%
All plans at this employer2
AMERICAN HEATING, INC. 401(K) PLAN401(k)
THE CONTRACTORS RETIREMENT PLANProfit-sharing plan
Same employer
Similar plansConstruction · Oregon
Pinnacle Exhibits, Inc. OR$30.5M · 0.24%
Hydro-Temp Mechanical, Inc. OR$26.0M · 0.31%
Lcg Pence, LLC OR$20.3M · 0.59%
Hunter-Davisson, Inc. OR$19.5M · 0.22%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 930674300 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.