Plan Ledger DOL Form 5500 · updated monthly

Ames Rubber Corporation401(k)

AMES RUBBER CORPORATION SAVINGS AND INVESTMENT PLAN · HAMBURG, NJ · plan year 2024

Reported admin expense ratio · 2024
0.35%

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

Ames Rubber Corporation reported $36,928 in plan administrative expenses for 2024: 0.35% of average plan assets, above the peer median. Employer contributions averaged $1,813 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 3 years on file its reported administrative ratio has held roughly steady near 0.35%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in New Jersey (1,460th of 2,419), and 8,432nd of 13,661 in manufacturing. In 2024, employees put in $2.32 for every $1.00 the employer contributed; active participation has grown from 95 to 110 since 2022.

Plan summary
Net assets, end of year$10,834,554
Participants with balances137
Active participants110
Employer contributions$199,434
Employee contributions$463,167
Employer contribution per active participant$1,813
Average account balance$79,084
Benefits paid to participants$918,915
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$10.8M · 137 accts · $199K emplr
2023$10.1M · 138 accts · $197K emplr
2022$8.7M · 105 accts · $137K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$11,035
Investment management$25,893
Total administrative$36,928
The Ames Rubber Corporation 401(k) match · 2024
Employer contribution per active participant$1,813
Median for plans this size$2,416
2024$1,813 per active participant
2023$1,695 per active participant
2022$1,446 per active participant

Ames Rubber Corporation'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 · 20242
RBC WEALTH MANAGEMENT · Investment advisory (plan)$25,893
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$11,035

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$36,928 · 0.35%
2023$31,855 · 0.34%
2022$33,941 · 0.36%
Same employer
Similar plansManufacturing · New Jersey
Hatteras Press, Inc. NJ$11.7M · 0.29%
Premio Foods, Inc. NJ$11.2M · 1.31%
Aetrex, Inc. NJ$10.9M · 0.37%
Electronic Concepts, Inc. NJ$10.7M · 0.69%
Eos Energy Storage LLC NJ$10.6M · 1.78%
Food Sciences Corporation NJ$10.4M · 0.47%

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Source: U.S. Department of Labor, Form 5500 series, EIN 221466804 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.