Plan Ledger DOL Form 5500 · updated monthly

American Industrial Transport Inc401(k)

AMERICAN INDUSTRIAL TRANSPORT, INC. SAVINGS AND INVESTMENT PLAN · ST. CHARLES, MO · plan year 2023

Reported admin expense ratio · 2023
0.26%

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

American Industrial Transport Inc reported $108,054 in plan administrative expenses for 2023: 0.26% of average plan assets, below the peer median. Employer contributions averaged $710 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 1 year on file its reported administrative ratio rose from 0.02% to 0.26%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other manufacturing employers. By assets it is the 356th-largest of 1,393 plans among Missouri employers on file, and the 3,467th of 13,661 in manufacturing. In 2023, employees put in $3.43 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$43,483,721
Participants with balances885
Active participants886
Employer contributions$629,244
Employee contributions$2,160,167
Employer contribution per active participant$710
Average account balance$49,134
Benefits paid to participants$7,376,525
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$43.5M · 885 accts · $629K emplr
2022$41.2M · 829 accts · $621K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$90,760
Audit (IQPA)$17,294
Total administrative$108,054
The American Industrial Transport Inc 401(k) match · 2023
Employer contribution per active participant$710
Median for plans this size$2,440
2023$710 per active participant
2022$803 per active participant

American Industrial Transport Inc's 2023 employer contribution ran below the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
T ROWE PRICE RPS INC · Recordkeeping · Trustee$90,760
ARMANINO LLP · Consulting$17,325

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

Administrative cost history2
2023$108,054 · 0.26%
2022$7,290 · 0.02%
Same employer
Similar plansManufacturing · Missouri
Ipl US Holding Company MO$44.6M · 0.35%
The Durham Co. MO$44.2M · 0.06%
Tnemec Company, Inc. MO$44.2M · 0.01%
Loren Cook Company MO$43.3M · 0.03%
Elantas Pdg, Inc MO$41.1M · 0.08%

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Source: U.S. Department of Labor, Form 5500 series, EIN 850855127 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.