Plan Ledger DOL Form 5500 · updated monthly

Ams Paving Inc401(k)

AMS PAVING INC 401(K) PROFIT SHARING PLAN & TRUST · FONTANA, CA · plan year 2023

Reported admin expense ratio · 2023
0.64%

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

Ams Paving Inc reported $15,958 in plan administrative expenses for 2023: 0.64% of average plan assets, above the peer median. Employer contributions averaged $1,179 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 0.59% to 0.64%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in California (7,915th of 9,483), and 4,567th of 5,337 in construction. In 2023, employees put in $3.14 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,862,289
Participants with balances88
Active participants93
Employer contributions$109,677
Employee contributions$344,648
Employer contribution per active participant$1,179
Average account balance$32,526
Benefits paid to participants$62,585
Plan auditUnmodified (clean) audit opinion
AuditorLUCAS, HORSFALL, MURPHY AND PINDROH
Plan history2
Yearassets · accounts · employer contribution
2023$2.9M · 88 accts · $110K emplr
2022$2.1M · 103 accts · $96K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$5,599
Investment management$9,499
Trustee / custodial$860
Total administrative$15,958
The Ams Paving Inc 401(k) match · 2023
Employer contribution per active participant$1,179
Median for plans this size$1,308
2023$1,179 per active participant
2022$1,165 per active participant

Ams Paving Inc's 2023 employer contribution ran below the $1,308 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
LEVELIZED COMPENSATION ADVISOR · Investment advisory (plan) · Recordkeeping$9,054
PAYCHEX, INC. · Investment advisory (plan) · Recordkeeping$5,738

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$15,958 · 0.64%
2022$12,429 · 0.59%
Similar plansConstruction · California
Pipedreams Ventures, Inc. CA$2.9M · 0.74%
Mg Electric Inc. CA$2.9M · 1.63%
Thorpe Design, Inc. CA$2.9M · 0.48%
California Skateparks CA$2.9M · 0.81%
Reyff Electric Co., Inc. CA$2.8M · 0.64%

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Source: U.S. Department of Labor, Form 5500 series, EIN 330991833 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.