Plan Ledger DOL Form 5500 · updated monthly

American Roofing & Metal Company, Inc.401(k)

AMERICAN ROOFING & METAL CO., INC. RETIREMENT SAVINGS PLAN · LOUISVILLE, KY · plan year 2023

Employer contribution per participant · 2023
$1,359

American Roofing & Metal Company, Inc.'s 2023 Form 5500 did not separately report plan administrative expenses, which is common where recordkeeping is paid through investment revenue-sharing or a master trust. The plan held $3,659,456 across 150 participant accounts, with employer contributions averaging $1,359 per active participant. See methodology for what Form 5500 does and doesn't capture.

The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in Kentucky (699th of 871), and 4,337th of 5,337 in construction. In 2023, employees put in $1.22 for every $1.00 the employer contributed; active participation has shrunk from 200 to 137 since 2022.

Plan summary
Net assets, end of year$3,659,456
Participants with balances150
Active participants137
Employer contributions$186,191
Employee contributions$227,726
Employer contribution per active participant$1,359
Average account balance$24,396
Benefits paid to participants$49,108
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$3.3M · 192 accts · $417K emplr
2023$3.7M · 150 accts · $186K emplr
2022$2.8M · 123 accts · $146K emplr
The American Roofing & Metal Company, Inc. 401(k) match · 2023
Employer contribution per active participant$1,359
Median for plans this size$1,308
2024$1,959 per active participant
2023$1,359 per active participant
2022$729 per active participant

American Roofing & Metal Company, Inc.'s 2023 employer contribution ran above the $1,308 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.

Service providers · 20232
RETIREMENT MANAGEMENT SERVICES, LLC · Contract administrator$500

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

Administrative cost history3
2024Not separately reported
2023Not separately reported
2022$2,100 · 0.07%
Same employer
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Specialty Interiors, Inc. KY$4.2M · 1.10%
Bizzack Construction, LLC KY$4.1M · 0.02%
M & L Electrical, Inc. KY$3.7M · 0.00%
Ranger Steel, Inc. KY$3.6M · 0.04%
Cmc, Inc. KY$3.1M · 1.40%
Bristol Group, Inc. KY$2.4M · 0.43%

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Source: U.S. Department of Labor, Form 5500 series, EIN 611092077 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.