Plan Ledger DOL Form 5500 · updated monthly

American Operations Corporation401(k)

AMERICAN OPERATIONS CORP. 401(K) SAVINGS PLAN · RESTON, VA · plan year 2024

Reported admin expense ratio · 2024
0.58%

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

American Operations Corporation reported $48,310 in plan administrative expenses for 2024: 0.58% of average plan assets, above the peer median. Employer contributions averaged $6,003 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 0.68% to 0.58%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other administrative & support services employers. By assets it is among the smaller plans on file in Virginia (1,511th of 2,266), and the 1,049th of 2,534 in administrative & support services. In 2024, the employer put in $1.41 for every $1.00 employees contributed themselves; active participation has grown from 105 to 131 since 2022.

Plan summary
Net assets, end of year$9,267,084
Participants with balances181
Active participants131
Employer contributions$786,444
Employee contributions$558,636
Employer contribution per active participant$6,003
Average account balance$51,199
Benefits paid to participants$596,248
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$9.3M · 181 accts · $786K emplr
2023$7.3M · 176 accts · $496K emplr
2022$5.2M · 151 accts · $360K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$28,109
Investment management$20,201
Total administrative$48,310
The American Operations Corporation 401(k) match · 2024
Employer contribution per active participant$6,003
Median for plans this size$1,313
2024$6,003 per active participant
2023$3,283 per active participant
2022$3,431 per active participant

American Operations Corporation's 2024 employer contribution ran above the $1,313 median for plans its size, placing it in the top 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
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$28,109
CARY STREET PARTNERS INVESTMENT ADV · Investment advisory (plan)$20,197

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$48,310 · 0.58%
2023$35,823 · 0.57%
2022$38,711 · 0.68%
Similar plansAdministrative & Support Services · Virginia
Qualx Corporation VA$10.8M · 0.10%
Aeonian LLC VA$10.0M · 0.80%
Verisma Systems, Inc. VA$9.4M · 1.76%
Brothers National, LLC VA$8.9M · 0.48%
Pd Systems, LLC VA$8.2M · 0.35%
Pd Systems, LLC VA$8.0M · 0.56%

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Source: U.S. Department of Labor, Form 5500 series, EIN 541589253 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.