How much does Amg 2.0 Holdco, Inc. contribute to its ESOP?

In 2024, employer contributions to the Amg 2.0 Holdco, Inc. plan averaged $5,048 per active participant, above the $3,635 median for plans of similar size. Public filings report contribution dollars, not the match formula; the formula is in the plan's summary plan description.

What is the average account balance in the Amg 2.0 Holdco, Inc. 401(k)?

The average participant account balance was $129,980 for plan year 2024, based on 553 accounts.

Amg 2.0 Holdco, Inc.ESOP

Name: Amg 2.0 Holdco, Inc. 401(k) plan: Form 5500 data
Creator: U.S. Department of Labor

AMG EMPLOYEE STOCK OWNERSHIP PLAN · LAFAYETTE, LA · plan year 2024

Employer contribution per participant · 2024

$5,048

Amg 2.0 Holdco, Inc.'s 2024 Form 5500 did not separately report plan administrative expenses, which is common where recordkeeping is paid through investment revenue-sharing or a master trust. The plan held $71,878,940 across 553 participant accounts, with employer contributions averaging $5,048 per active participant. See methodology for what Form 5500 does and doesn't capture.

The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 88th-largest of 884 plans among Louisiana employers on file, and the 1,412th of 11,911 in health care & social assistance.

Plan summary
Net assets, end of year$71,878,940
Participants with balances553
Active participants460
Employer contributions$2,322,013
Employee contributions—
Employer contribution per active participant$5,048
Average account balance$129,980
Benefits paid to participants$64,306
Plan auditUnmodified (clean) audit opinion
AuditorBROUSSARD POUCHE, LLP

Plan history3

Yearassets · accounts · employer contribution

2024$71.9M · 553 accts · $2.3M emplr

2023$48.8M · 503 accts · $2.6M emplr

2022$37.7M · 472 accts · $2.4M emplr

Employer contributions to the Amg 2.0 Holdco, Inc. plan · 2024

Employer contribution per active participant$5,048

Median for plans this size$3,635

2024$5,048 per active participant

2023$5,602 per active participant

2022$5,583 per active participant

Amg 2.0 Holdco, Inc.'s 2024 employer contribution ran above the $3,635 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.

Administrative cost history3

2024Not separately reported

2023Not separately reported

2022Not separately reported

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Source: U.S. Department of Labor, Form 5500 series, EIN 842872891 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.