Plan Ledger DOL Form 5500 · updated monthly

American Msc, Inc.401(k)

AMERICAN MSC, INC. 401(K) PLAN · TROY, MI · plan year 2024

Reported admin expense ratio · 2024
0.82%

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

American Msc, Inc. reported $36,908 in plan administrative expenses for 2024: 0.82% of average plan assets, above the peer median. Employer contributions averaged $1,257 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 3 years on file its reported administrative ratio has held roughly steady near 0.82%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Michigan (2,039th of 2,619), and 11,327th of 13,661 in manufacturing. In 2024, employees put in $1.67 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$4,761,474
Participants with balances85
Active participants102
Employer contributions$128,204
Employee contributions$213,870
Employer contribution per active participant$1,257
Average account balance$56,017
Benefits paid to participants$240,662
Plan auditUnmodified (clean) audit opinion
AuditorRETIREMENT PLAN AUDIT SERVICES, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$4.8M · 85 accts · $128K emplr
2023$4.3M · 101 accts · $129K emplr
2022$4.0M · 106 accts · $128K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$36,908
Total administrative$36,908
The American Msc, Inc. 401(k) match · 2024
Employer contribution per active participant$1,257
Median for plans this size$1,313
2024$1,257 per active participant
2023$1,078 per active participant
2022$1,302 per active participant

American Msc, Inc.'s 2024 employer contribution ran below the $1,313 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
JOHN HANCOCK LIFE INSURANCE COMPANY · Recordkeeping · Investment management$2,082

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$36,908 · 0.82%
2023$34,136 · 0.83%
2022$34,737 · 0.79%
Similar plansManufacturing · Michigan
Cadillac Coffee Company MI$4.8M · 0.44%
Reed City Group, LLC MI$4.8M · 0.80%
Armaly Sponge Company MI$4.8M · 0.27%
Vista Manufacturing Inc. MI$4.7M · 0.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 382777519 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.