Plan Ledger DOL Form 5500 · updated monthly

Amherst Services, Corp.401(k)

AMHERST SERVICES CORP. 401(K) PROFIT SHARING PLAN · AUSTIN, TX · plan year 2024

Reported admin expense ratio · 2024
0.19%

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

Amherst Services, Corp. reported $82,192 in plan administrative expenses for 2024: 0.19% of average plan assets, below the peer median. Employer contributions averaged $3,954 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 rose from 0.15% to 0.19%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other finance & insurance employers. By assets it is the 1,130th-largest of 5,688 plans among Texas employers on file, and the 1,780th of 4,798 in finance & insurance. In 2024, employees put in $2.87 for every $1.00 the employer contributed; active participation has shrunk from 620 to 301 since 2022.

Plan summary
Net assets, end of year$45,828,403
Participants with balances580
Active participants301
Employer contributions$1,190,153
Employee contributions$3,410,648
Employer contribution per active participant$3,954
Average account balance$79,014
Benefits paid to participants$4,373,725
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$45.8M · 580 accts · $1.2M emplr
2023$39.0M · 650 accts · $2.0M emplr
2022$29.8M · 650 accts · $1.8M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$52,124
Investment management$9,057
Audit (IQPA)$21,011
Total administrative$82,192
The Amherst Services, Corp. 401(k) match · 2024
Employer contribution per active participant$3,954
Median for plans this size$2,416
2024$3,954 per active participant
2023$6,403 per active participant
2022$2,825 per active participant

Amherst Services, Corp.'s 2024 employer contribution ran above 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
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$52,124
BAKER TILLY US, LLP · Accounting / audit$21,011
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$9,057

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$82,192 · 0.19%
2023$49,679 · 0.14%
2022$43,105 · 0.15%
Similar plansFinance & Insurance · Texas
Eecu TX$48.3M · 0.15%
Plains Bancorp, Inc. TX$47.0M · 0.05%
Inwood National Bank TX$46.7M · 0.26%
A Plus Federal Credit Union TX$45.7M · 0.04%
Vantage Bank Texas TX$44.9M · 0.32%

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Source: U.S. Department of Labor, Form 5500 series, EIN 263806884 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.