Plan Ledger DOL Form 5500 · updated monthly

Ampam Parks Mechanical,Inc.401(k)

PARKS MECHANICAL 401(K) RETIREMENT SAVINGS PLAN · CARSON, CA · plan year 2024

Reported admin expense ratio · 2024
0.17%

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

Ampam Parks Mechanical,Inc. reported $27,424 in plan administrative expenses for 2024: 0.17% of average plan assets, below the peer median. Employer contributions averaged $568 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 0.175%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other construction employers. By assets it is the 3,974th-largest of 9,483 plans among California employers on file, and the 2,222nd of 5,337 in construction. In 2024, employees put in $1.78 for every $1.00 the employer contributed; active participation has grown from 939 to 1,076 since 2022.

Plan summary
Net assets, end of year$17,528,412
Participants with balances271
Active participants1,076
Employer contributions$611,425
Employee contributions$1,091,133
Employer contribution per active participant$568
Average account balance$64,680
Benefits paid to participants$1,126,431
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$17.5M · 271 accts · $611K emplr
2023$13.8M · 245 accts · $562K emplr
2022$11.1M · 229 accts · $489K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$27,424
Total administrative$27,424
The Ampam Parks Mechanical,Inc. 401(k) match · 2024
Employer contribution per active participant$568
Median for plans this size$2,416
2024$568 per active participant
2023$588 per active participant
2022$521 per active participant

Ampam Parks Mechanical,Inc.'s 2024 employer contribution ran below the $2,416 median for plans its size, in the bottom 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 · 20243
EMPOWER ADVISORY GROUP, LLC · Investment management$23,131
THE RYDING COMPANY · Contract administrator$3,725

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$27,424 · 0.17%
2023$21,536 · 0.17%
2022$19,570 · 0.17%
All plans at this employer2
PARKS MECHANICAL 401(K) RETIREMENT SAVINGS PLAN401(k)
AMPAM PARKS MECHANICAL, INC. EMPLOYEE STOCK OWNERSHIP PLANESOP
Same employer
Similar plansConstruction · California
Mge Underground, Inc. CA$17.5M · 0.42%
All American Asphalt CA$17.3M · 0.41%

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Source: U.S. Department of Labor, Form 5500 series, EIN 742930667 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.