Plan Ledger DOL Form 5500 · updated monthly

Ametros Financial Corporation401(k)

AMETROS 401K PLAN · WILMINGTON, MA · plan year 2024

Reported admin expense ratio · 2024
0.22%

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

Ametros Financial Corporation reported $6,954 in plan administrative expenses for 2024: 0.22% of average plan assets, below the peer median. Employer contributions averaged $2,520 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 0.22%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other finance & insurance employers. By assets it is among the smaller plans on file in Massachusetts (2,400th of 2,726), and 4,521st of 4,798 in finance & insurance. In 2024, employees put in $2.11 for every $1.00 the employer contributed; active participation has grown from 117 to 161 since 2022.

Plan summary
Net assets, end of year$4,015,473
Participants with balances161
Active participants161
Employer contributions$405,724
Employee contributions$857,137
Employer contribution per active participant$2,520
Average account balance$24,941
Benefits paid to participants$291,863
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2025$0 · $44K emplr
2024$4.0M · 161 accts · $406K emplr
2022$1.5M · 98 accts · $69K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$3,234
Investment management$3,580
Total administrative$6,954
The Ametros Financial Corporation 401(k) match · 2024
Employer contribution per active participant$2,520
Median for plans this size$1,313
2024$2,520 per active participant
2022$591 per active participant

Ametros Financial Corporation's 2024 employer contribution ran above the $1,313 median for plans its size, placing it in the top quarter of its peers. 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 · 20241
BENEFIT PLANS ADMIN SERVICES INC. · Recordkeeping · Custodial$6,954

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history3
2025Not separately reported
2024$6,954 · 0.22%
2022$3,303 · 0.23%
Same employer
Similar plansFinance & Insurance · Massachusetts
Xceedance, Inc. MA$5.0M · 0.38%
Gfa Federal Credit Union MA$4.2M · 0.40%
Fred C. Church,Inc. MA$3.7M · 0.46%
F H Cann & Associates Inc MA$2.7M · 0.84%

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Source: U.S. Department of Labor, Form 5500 series, EIN 273328821 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.