Plan Ledger DOL Form 5500 · updated monthly

Amplifiedag, Inc.401(k)

AMPLIFIEDAG 401(K) PLAN · CHARLESTON, SC · plan year 2023

Reported admin expense ratio · 2023
1.37%

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

Amplifiedag, Inc. reported $14,533 in plan administrative expenses for 2023: 1.37% of average plan assets, higher than ~90% of peers. Employer contributions averaged $3,201 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 1 year on file its reported administrative ratio rose from 1.24% to 1.37%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other agriculture, forestry & fishing employers. By assets it is among the smaller plans on file in South Carolina (744th of 807), and 860th of 945 in agriculture, forestry & fishing. In 2023, employees put in $2.90 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,134,407
Participants with balances25
Active participants20
Employer contributions$64,016
Employee contributions$185,951
Employer contribution per active participant$3,201
Average account balance$45,376
Benefits paid to participants$492,349
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$1.1M · 25 accts · $64K emplr
2022$980K · 104 accts · $116K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$14,533
Total administrative$14,533
The Amplifiedag, Inc. 401(k) match · 2023
Employer contribution per active participant$3,201
Median for plans this size$1,308
2023$3,201 per active participant
2022$1,482 per active participant

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

Service providers · 20233
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$14,533
PRINCIPAL SECURITIES INC · Other servicesindirect comp
WILSHIRE ADVISORS LLC · Investment advisory (plan)indirect comp

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

Administrative cost history2
2023$14,533 · 1.37%
2022$9,303 · 1.24%
Similar plansAgriculture, Forestry & Fishing · South Carolina
Walter P. Rawl & Sons, Inc. SC$14.0M · 0.67%
Patten Seed Company SC$12.7M · 0.33%
Rei Automation, Inc. SC$4.4M · 0.34%
Alpha Genesis, Inc. SC$3.8M · 1.25%
Urban Remedy, Inc. CA$1.2M · 0.76%
Lpf Re Manager LLC CA$1.2M · 0.38%
Belcampo Group, Inc. CA$1.1M · 0.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 830740294 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.