Plan Ledger DOL Form 5500 · updated monthly

Ampex Brands401(k)

AMPEX BRANDS RETIREMENT SAVINGS PLAN · RICHARDSON, TX · plan year 2023

Reported admin expense ratio · 2023
0.71%

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

Ampex Brands reported $55,551 in plan administrative expenses for 2023: 0.71% of average plan assets, above the peer median. Employer contributions averaged $14 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 0.64%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other accommodation & food services employers. By assets it is among the smaller plans on file in Texas (3,286th of 5,688), and the 644th of 2,240 in accommodation & food services. In 2023, employees put in $4.01 for every $1.00 the employer contributed; active participation has grown from 10,904 to 17,897 since 2022.

Plan summary
Net assets, end of year$8,601,546
Participants with balances1,082
Active participants17,897
Employer contributions$246,999
Employee contributions$991,663
Employer contribution per active participant$14
Average account balance$7,950
Benefits paid to participants$800,711
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$7.7M · 1,039 accts · $40K emplr
2023$8.6M · 1,082 accts · $247K emplr
2022$7.0M · 1,152 accts · $307K emplr
The Ampex Brands 401(k) match · 2023
Employer contribution per active participant$14
Median for plans this size$1,308
2024$9 per active participant
2023$14 per active participant
2022$28 per active participant

Ampex Brands's 2023 employer contribution ran below the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

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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$52,029 · 0.64%
2023$55,551 · 0.71%
2022$47,356 · 0.65%
Similar plansAccommodation & Food Services · Texas
Goode Cook, Inc. TX$8.6M · 0.66%
Intelligent Brands, Inc. TX$8.5M · 0.20%

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Source: U.S. Department of Labor, Form 5500 series, EIN 340562210 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.