Plan Ledger DOL Form 5500 · updated monthly

Amplifybio, LLC401(k)

AMPLIFYBIO 401(K) PLAN · WEST JEFFERSON, OH · plan year 2023

Reported admin expense ratio · 2023
0.56%

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

Amplifybio, LLC reported $57,229 in plan administrative expenses for 2023: 0.56% of average plan assets, higher than ~75% of peers. Employer contributions averaged $3,976 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 0.50% to 0.56%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Ohio (1,740th of 3,295), and 7,089th of 11,654 in professional & technical services. In 2023, employees put in $1.80 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$13,020,130
Participants with balances274
Active participants304
Employer contributions$1,208,715
Employee contributions$2,181,319
Employer contribution per active participant$3,976
Average account balance$47,519
Benefits paid to participants$523,734
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$13.0M · 274 accts · $1.2M emplr
2022$7.4M · 198 accts · $663K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$38,737
Investment management$18,492
Total administrative$57,229
The Amplifybio, LLC 401(k) match · 2023
Employer contribution per active participant$3,976
Median for plans this size$2,440
2023$3,976 per active participant
2022$2,475 per active participant

Amplifybio, LLC's 2023 employer contribution ran above the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
ADP, INC. · Loan processing · Recordkeeping$38,736
MORGAN STANLEY SMITH BARNEY · Recordkeeping · Trustee$18,491

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$57,229 · 0.56%
2022$36,349 · 0.50%
Same employer
Similar plansProfessional & Technical Services · Ohio
Clearsulting LLC OH$13.3M · 0.23%
Surety HR, Inc. OH$13.2M · 0.49%
Btas, Inc. OH$13.0M · 0.02%
Arcos LLC OH$12.5M · 0.45%
Shremshock Architects, Inc. OH$12.4M · 0.01%
Esl Gaming America, Inc OH$12.2M · 0.35%

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Source: U.S. Department of Labor, Form 5500 series, EIN 862301671 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.