Plan Ledger DOL Form 5500 · updated monthly

Amtech Systems, Inc.401(k)

AMTECH SYSTEMS, INC. 401(K) PLAN · TEMPE, AZ · plan year 2023

Reported admin expense ratio · 2023
0.20%

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

Amtech Systems, Inc. reported $58,437 in plan administrative expenses for 2023: 0.20% of average plan assets, below the peer median. Employer contributions averaged $2,799 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 2 years on file its reported administrative ratio fell from 0.19% to 0.09%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other manufacturing employers. By assets it is the 271st-largest of 1,285 plans among Arizona employers on file, and the 4,382nd of 13,661 in manufacturing. In 2023, employees put in $2.86 for every $1.00 the employer contributed; active participation has grown from 165 to 192 since 2022.

Plan summary
Net assets, end of year$30,968,494
Participants with balances293
Active participants192
Employer contributions$537,457
Employee contributions$1,534,446
Employer contribution per active participant$2,799
Average account balance$105,695
Benefits paid to participants$5,459,620
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$30.0M · 251 accts · $376K emplr
2023$31.0M · 293 accts · $537K emplr
2022$28.0M · 236 accts · $396K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$58,437
Total administrative$58,437
The Amtech Systems, Inc. 401(k) match · 2023
Employer contribution per active participant$2,799
Median for plans this size$2,440
2024$2,522 per active participant
2023$2,799 per active participant
2022$2,397 per active participant

Amtech Systems, Inc.'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
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$58,436
GLOBAL RETIREMENT PARTNERS 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 history3
2024$27,649 · 0.09%
2023$58,437 · 0.20%
2022$62,560 · 0.19%
Same employer
Similar plansManufacturing · Arizona
Jx Metals USA, Inc AZ$38.9M · 0.04%
Smarthealth, Inc. AZ$35.9M · 0.12%
Tpi Composites, Inc. AZ$34.0M · 0.50%
Ascent Lifting, Inc. AZ$32.9M · 0.13%
Isola USA Corp. AZ$27.6M · 0.23%
MD Helicopters, LLC AZ$27.0M · 0.14%
Certex USA, LLC AZ$24.8M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 860411215 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.