Plan Ledger DOL Form 5500 · updated monthly

Ameriforge Group, Inc. dba Afglobal Corporation401(k)

AMERIFORGE 401 (K) PLAN · HOUSTON, TX · plan year 2022

Reported admin expense ratio · 2022
0.29%

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

Ameriforge Group, Inc. dba Afglobal Corporation reported $91,308 in plan administrative expenses for 2022: 0.29% of average plan assets, above the peer median. Employer contributions averaged $1,378 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 0.29% to 0.43%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other manufacturing employers. By assets it is the 1,635th-largest of 5,688 plans among Texas employers on file, and the 4,781st of 13,661 in manufacturing. In 2022, employees put in $2.78 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$27,588,542
Participants with balances795
Active participants560
Employer contributions$771,637
Employee contributions$2,142,859
Employer contribution per active participant$1,378
Average account balance$34,703
Benefits paid to participants$6,931,418
Plan auditUnmodified (clean) audit opinion
AuditorHAM, LANGSTON & BREZINA, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$22.2M · 529 accts · $471K emplr
2023$22.2M · 606 accts · $542K emplr
2022$27.6M · 795 accts · $772K emplr
Administrative expenses, itemized · 2022
Investment management$8,127
Total administrative$91,308
The Ameriforge Group, Inc. dba Afglobal Corporation 401(k) match · 2022
Employer contribution per active participant$1,378
Median for plans this size$2,266
2024$1,441 per active participant
2023$1,418 per active participant
2022$1,378 per active participant

Ameriforge Group, Inc. dba Afglobal Corporation's 2022 employer contribution ran below the $2,266 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 history3
2024$95,881 · 0.43%
2023$75,361 · 0.30%
2022$91,308 · 0.29%
Same employer
Similar plansManufacturing · Texas
Exfo America Inc. TX$28.2M · 0.36%
Dfb Pharmaceuticals, LLC TX$27.9M · 0.07%
Yunex LLC TX$27.8M · 0.34%
Ternium USA, Inc TX$27.4M · 0.02%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 760607053 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.