Plan Ledger DOL Form 5500 · updated monthly

Ameriqual Group, LLC401(k)

AMERIQUAL 401(K) PLAN · EVANSVILLE, IN · plan year 2024

Reported admin expense ratio · 2024
0.02%

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

Ameriqual Group, LLC reported $10,990 in plan administrative expenses for 2024: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,038 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 0.04% to 0.02%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other mining, oil & gas extraction employers. By assets it is the 286th-largest of 1,562 plans among Indiana employers on file, and the 179th of 612 in mining, oil & gas extraction. In 2024, employees put in $1.63 for every $1.00 the employer contributed; active participation has grown from 742 to 894 since 2022.

Plan summary
Net assets, end of year$51,042,877
Participants with balances846
Active participants894
Employer contributions$1,821,842
Employee contributions$2,978,536
Employer contribution per active participant$2,038
Average account balance$60,334
Benefits paid to participants$4,222,425
Plan auditUnmodified (clean) audit opinion
AuditorRSM US LLP
Plan history3
Yearassets · accounts · employer contribution
2024$51.0M · 846 accts · $1.8M emplr
2023$43.4M · 821 accts · $1.7M emplr
2022$34.9M · 890 accts · $1.7M emplr
Administrative expenses, itemized · 2024
Investment management$10,619
Audit (IQPA)$5,218
Total administrative$10,990
The Ameriqual Group, LLC 401(k) match · 2024
Employer contribution per active participant$2,038
Median for plans this size$2,416
2024$2,038 per active participant
2023$2,592 per active participant
2022$2,294 per active participant

Ameriqual Group, LLC's 2024 employer contribution ran below the $2,416 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 · 20243
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$10,619
RSM US LLP · Accounting / audit$5,218

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$10,990 · 0.02%
2023$15,847 · 0.04%
2022$16,663 · 0.04%
Similar plansMining, Oil & Gas Extraction · Indiana
Calumet Gp, LLC IN$307.0M · 0.03%
Sunrise Coal, LLC IN$52.3M · 0.13%
Turner Mining Group, LLC IN$4.6M · 0.28%
Pioneer Oil Co Inc IN$2.6M · 0.43%

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Source: U.S. Department of Labor, Form 5500 series, EIN 352110138 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.