Plan Ledger DOL Form 5500 · updated monthly

American Regent, Inc.401(k)

AMERICAN REGENT, INC. 401(K) AND PROFIT SHARING PLAN · SHIRLEY, NY · plan year 2024

Reported admin expense ratio · 2024
0.11%

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

American Regent, Inc. reported $264,021 in plan administrative expenses for 2024: 0.11% of average plan assets, below the peer median. Employer contributions averaged $10,151 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 0.13% to 0.11%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other manufacturing employers. By assets it is the 383rd-largest of 5,648 plans among New York employers on file, and the 978th of 13,661 in manufacturing. In 2024, the employer put in $1.06 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$255,194,030
Participants with balances1,739
Active participants1,376
Employer contributions$13,967,294
Employee contributions$13,228,944
Employer contribution per active participant$10,151
Average account balance$146,748
Benefits paid to participants$20,961,469
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$255.2M · 1,739 accts · $14.0M emplr
2023$215.5M · 1,713 accts · $12.0M emplr
2022$170.0M · 1,633 accts · $11.0M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$264,021
Total administrative$264,021
The American Regent, Inc. 401(k) match · 2024
Employer contribution per active participant$10,151
Median for plans this size$3,635
2024$10,151 per active participant
2023$9,210 per active participant
2022$8,782 per active participant

American Regent, Inc.'s 2024 employer contribution ran above the $3,635 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 · 20243
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$264,021
CARON & BLETZER, PLLC · Accounting / auditindirect comp
GLOBAL RETIREMENT PARTNERS, LLC · Investment advisory (plan)indirect comp

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$264,021 · 0.11%
2023$234,811 · 0.12%
2022$225,231 · 0.13%
Same employer
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Steel Services LTD NY$287.4M · 0.07%
Amneal Pharmaceuticals LLC NY$278.5M · 0.12%
Gleason Corporation NY$274.4M · 0.06%
Unifrax I LLC NY$262.6M · 0.05%
Knorr-Bremse NY$251.5M · 0.08%
Tdk U.S.A. Corporation NY$222.2M · 0.05%

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Source: U.S. Department of Labor, Form 5500 series, EIN 112695700 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.