Plan Ledger DOL Form 5500 · updated monthly

American Merchandising Specialists, Inc.401(k)

AMS RETAIL SOLUTIONS 401(K) PLAN · MOORESVILLE, NC · plan year 2024

Reported admin expense ratio · 2024
0.72%

American Merchandising Specialists, Inc. reported $35,421 in plan administrative expenses for 2024: 0.72% of average plan assets, above the peer median. 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 3 years on file its reported administrative ratio has held roughly steady near 0.72%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in North Carolina (1,453rd of 2,005), and 9,759th of 11,654 in professional & technical services. active participation has grown from 102 to 147 since 2022.

Plan summary
Net assets, end of year$5,101,210
Participants with balances190
Active participants147
Employer contributions—
Employee contributions$403,233
Employer contribution per active participant—
Average account balance$26,848
Benefits paid to participants$456,053
Plan auditUnmodified (clean) audit opinion
AuditorDAVISON, HOLLAND, WHITESELL & CO
Plan history3
Yearassets · accounts · employer contribution
2024$5.1M · 190 accts
2023$4.7M · 190 accts · $341 emplr
2022$4.1M · 200 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$17,539
Investment management$17,882
Total administrative$35,421
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 · 20244
EMPOWER ANNUITY INSURANCE COMPANY · Recordkeeping · Custodial (securities)$16,264
WINTRUST INVESTMENTS LLC · Investment advisory (plan)$7,135
ONEDIGITAL INVESTMENT ADVISORS LLC · Investment advisory (plan)$6,397
GILLIAM BELL MOSER LLP · Accounting / audit$1,275

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

Recordkeeper by year2
2024Empower
2023Empower

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Administrative cost history3
2024$35,421 · 0.72%
2023$30,935 · 0.71%
2022$34,197 · 0.76%
All plans at this employer2
AMS RETAIL SOLUTIONS 401(K) PLAN401(k)
AMS RETAIL SOLUTIONS EMPLOYEE STOCK OWNERSHIP PLANESOP
Same employer
Similar plansProfessional & Technical Services · North Carolina
Avanti Equine NC$5.4M · 1.17%
Zift Solutions, Inc. NC$5.3M · 0.47%
Pioneer Apco LLC NC$5.1M · 2.01%
Worksmart, Inc. NC$4.7M · 0.80%
K2 Solutions Inc. NC$4.5M · 0.05%

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Source: U.S. Department of Labor, Form 5500 series, EIN 911951517 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.