Plan Ledger DOL Form 5500 · updated monthly

Ametek, Inc.401(k)

THE AMETEK RETIREMENT AND SAVINGS PLAN · BERWYN, PA · plan year 2024

Reported admin expense ratio · 2024
0.08%

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

Ametek, Inc. reported $1,406,628 in plan administrative expenses for 2024: 0.08% of average plan assets, above the peer median. Employer contributions averaged $4,718 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 0.09% to 0.08%. The plan sits in the over $1B size bracket, benchmarked here against 1,229 comparable plans and shown alongside other manufacturing employers. By assets it is the 37th-largest of 3,651 plans among Pennsylvania employers on file, and the 173rd of 13,661 in manufacturing. In 2024, employees put in $1.90 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,944,440,057
Participants with balances12,053
Active participants8,402
Employer contributions$39,637,227
Employee contributions$75,358,359
Employer contribution per active participant$4,718
Average account balance$161,324
Benefits paid to participants$223,845,092
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$1.9B · 12,053 accts · $39.6M emplr
2023$1.8B · 12,370 accts · $39.9M emplr
2022$1.5B · 12,050 accts · $36.4M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,251,242
Investment management$60,195
Audit (IQPA)$64,683
Total administrative$1,406,628
The Ametek, Inc. 401(k) match · 2024
Employer contribution per active participant$4,718
Median for plans this size$5,259
2024$4,718 per active participant
2023$4,546 per active participant
2022$4,250 per active participant

Ametek, Inc.'s 2024 employer contribution ran below the $5,259 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 · 20244
VOYA INSTITUTIONAL PLAN SERVICES · Loan processing · Other services$630,311
ERNST & YOUNG · Accounting / audit$64,683
NEPC, LLC · Consulting$60,195
FAEGRE DRINKER · Legal$30,508

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$1,406,628 · 0.08%
2023$1,538,315 · 0.09%
2022$1,540,042 · 0.09%
Same employer
Similar plansManufacturing · Pennsylvania
Kraft Heinz Foods Company PA$3.9B · 0.03%
The Hershey Company PA$2.1B · 0.09%
Saint-Gobain Corporation PA$1.8B · 0.06%
Covestro LLC PA$1.6B · 0.05%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 141682544 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.