Plan Ledger DOL Form 5500 · updated monthly

American Services Technology, Inc.401(k)

AMERICAN SERVICES TECHNOLOGY, INC. 401(K) & PREVAILING WAGE PLAN · ROCKLEDGE, FL · plan year 2024

Reported admin expense ratio · 2024
0.01%

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

American Services Technology, Inc. reported $335 in plan administrative expenses for 2024: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,324 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 0.24% to 0.01%. 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 Florida (2,946th of 3,644), and 1,813th of 2,534 in administrative & support services. In 2024, employees put in $1.61 for every $1.00 the employer contributed; active participation has shrunk from 100 to 79 since 2022.

Plan summary
Net assets, end of year$2,688,186
Participants with balances180
Active participants79
Employer contributions$104,623
Employee contributions$168,425
Employer contribution per active participant$1,324
Average account balance$14,934
Benefits paid to participants$485,885
Plan auditUnmodified (clean) audit opinion
AuditorCARR RIGGS & INGRAM
Plan history3
Yearassets · accounts · employer contribution
2024$2.7M · 180 accts · $105K emplr
2023$2.6M · 188 accts · $87K emplr
2022$2.4M · 172 accts · $66K emplr
Administrative expenses, itemized · 2024
Investment management$335
Total administrative$335
The American Services Technology, Inc. 401(k) match · 2024
Employer contribution per active participant$1,324
Median for plans this size$1,313
2024$1,324 per active participant
2023$904 per active participant
2022$661 per active participant

American Services Technology, Inc.'s 2024 employer contribution ran above 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 · 20242
BATES & COMPANY INC · Contract administrator$13,575

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$335 · 0.01%
2023$838 · 0.03%
2022$5,993 · 0.24%
Similar plansAdministrative & Support Services · Florida
Careerxchange, Inc. FL$3.0M · 0.44%
Blue Sea Dental LLC FL$2.8M · 0.44%
Yang Enterprises, Inc. FL$2.7M · 0.36%
Seagate Hospitality Group FL$2.5M · 1.15%
Patlive, Inc. FL$2.5M · 0.72%

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Source: U.S. Department of Labor, Form 5500 series, EIN 593349421 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.