Plan Ledger DOL Form 5500 · updated monthly

Amtis, Inc.401(k)

AMTIS, INC. 401(K) PLAN · MAITLAND, FL · plan year 2024

Reported admin expense ratio · 2024
0.98%

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

Amtis, Inc. reported $55,598 in plan administrative expenses for 2024: 0.98% of average plan assets, higher than ~75% of peers. Employer contributions averaged $3,775 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 1.05% to 0.98%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Florida (2,322nd of 3,644), and 9,390th of 11,654 in professional & technical services. In 2024, the employer put in $2.93 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$6,017,330
Participants with balances583
Active participants291
Employer contributions$1,098,575
Employee contributions$374,370
Employer contribution per active participant$3,775
Average account balance$10,321
Benefits paid to participants$1,507,977
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$6.0M · 583 accts · $1.1M emplr
2023$5.4M · 468 accts · $1.1M emplr
2022$4.6M · 477 accts · $948K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$45,314
Investment management$1,984
Total administrative$55,598
The Amtis, Inc. 401(k) match · 2024
Employer contribution per active participant$3,775
Median for plans this size$1,313
2024$3,775 per active participant
2023$3,846 per active participant
2022$3,292 per active participant

Amtis, Inc.'s 2024 employer contribution ran above the $1,313 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
JOHN HANCOCK LIFE INSURANCE COMPANY · Recordkeeping · Investment management$6,622
PENSION INVESTORS CORP$8,300

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$55,598 · 0.98%
2023$68,429 · 1.38%
2022$48,331 · 1.05%
Same employer
Similar plansProfessional & Technical Services · Florida
Adacel Systems Inc. FL$6.1M · 0.64%
Payspan Inc. FL$6.1M · 0.58%
Blackfish Federal, LLC FL$6.0M · 0.98%
Certipay, Inc. FL$5.9M · 0.47%

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Source: U.S. Department of Labor, Form 5500 series, EIN 208114813 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.