Plan Ledger DOL Form 5500 · updated monthly

American Service Center Associates of Arlington, LLC401(k)

AMERICAN SERVICE CENTER ASSOCIATES OF ARLINGTON 401(K) PLAN · ARLINGTON, VA · plan year 2024

Reported admin expense ratio · 2024
0.43%

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

American Service Center Associates of Arlington, LLC reported $118,382 in plan administrative expenses for 2024: 0.43% of average plan assets, above the peer median. Employer contributions averaged $776 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 rose from 0.40% to 0.43%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other retail trade employers. By assets it is the 772nd-largest of 2,266 plans among Virginia employers on file, and the 1,090th of 5,215 in retail trade. In 2024, employees put in $7.28 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$28,272,178
Participants with balances303
Active participants288
Employer contributions$223,490
Employee contributions$1,626,051
Employer contribution per active participant$776
Average account balance$93,308
Benefits paid to participants$2,941,925
Plan auditUnmodified (clean) audit opinion
AuditorCOUNCILOR, BUCHANAN & MITCHELL, PC
Plan history3
Yearassets · accounts · employer contribution
2024$28.3M · 303 accts · $223K emplr
2023$26.6M · 327 accts · $228K emplr
2022$23.4M · 352 accts · $233K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$64,180
Investment management$27,101
Total administrative$118,382
The American Service Center Associates of Arlington, LLC 401(k) match · 2024
Employer contribution per active participant$776
Median for plans this size$2,416
2024$776 per active participant
2023$796 per active participant
2022$758 per active participant

American Service Center Associates of Arlington, LLC's 2024 employer contribution ran below the $2,416 median for plans its size, in the bottom 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$64,180
MERRILL LYNCH PIERCE FENNER & SMITH · Pension consulting · Investment advisory (plan)$54,202

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$118,382 · 0.43%
2023$107,272 · 0.43%
2022$99,507 · 0.40%
Same employer
Similar plansRetail Trade · Virginia
Virginia Truck Center, Inc. VA$38.4M · 0.55%
Ted Britt Ford Sales, Inc. VA$29.8M · 0.38%
Haley Buick Gmc Truck, Inc VA$28.4M · 0.47%
Meadows Farms, Inc. VA$28.1M · 0.10%
Sofie Network Inc. VA$25.0M · 0.40%
Grand Home Furnishings VA$24.3M · 0.21%
Casey Auto Group, Inc. VA$23.6M · 0.36%

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Source: U.S. Department of Labor, Form 5500 series, EIN 540151936 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.