Plan Ledger DOL Form 5500 · updated monthly

Americo Manufacturing Company, Inc.401(k)

AMERICO MANUFACTURING COMPANY, INC. 401(K) PROFIT SHARING PLAN · ACWORTH, GA · plan year 2022

Reported admin expense ratio · 2022
0.31%

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

Americo Manufacturing Company, Inc. reported $20,224 in plan administrative expenses for 2022: 0.31% of average plan assets, below the peer median. Employer contributions averaged $716 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 1 year on file its reported administrative ratio rose from 0.31% to 0.51%. The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Georgia (1,643rd of 2,160), and 11,357th of 13,661 in manufacturing. In 2022, employees put in $2.60 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$4,710,567
Participants with balances246
Active participants182
Employer contributions$130,342
Employee contributions$338,798
Employer contribution per active participant$716
Average account balance$19,149
Benefits paid to participants$2,762,058
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$1 · $120K emplr
2022$4.7M · 246 accts · $130K emplr
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$6,925
Investment management$2,074
Professional / advisory$11,225
Total administrative$20,224
The Americo Manufacturing Company, Inc. 401(k) match · 2022
Employer contribution per active participant$716
Median for plans this size$1,114

Americo Manufacturing Company, Inc.'s 2022 employer contribution ran below the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2
2023$11,946 · 0.51%
2022$20,224 · 0.31%
Similar plansManufacturing · Georgia
Hanwha Q Cells USA, Inc. GA$5.1M · 1.60%
Applied Ceramics, Inc. GA$5.0M · 0.02%
Gfmco, LLC GA$4.7M · 0.54%
Latino Enterprises, Inc GA$4.6M · 0.13%
Vero Biotech Inc GA$4.6M · 0.70%

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Source: U.S. Department of Labor, Form 5500 series, EIN 581077891 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.