Plan Ledger DOL Form 5500 · updated monthly

Amvc Employee Services, LLC401(k)

AMVC 401(K) PROFIT SHARING PLAN · AUDUBON, IA · plan year 2024

Reported admin expense ratio · 2024
0.32%

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

Amvc Employee Services, LLC reported $82,048 in plan administrative expenses for 2024: 0.32% of average plan assets, above the peer median. Employer contributions averaged $853 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 0.45% to 0.32%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 323rd-largest of 878 plans among Iowa employers on file, and the 4,397th of 11,654 in professional & technical services. In 2024, employees put in $2.82 for every $1.00 the employer contributed; active participation has grown from 642 to 862 since 2022.

Plan summary
Net assets, end of year$27,888,923
Participants with balances533
Active participants862
Employer contributions$735,031
Employee contributions$2,069,545
Employer contribution per active participant$853
Average account balance$52,324
Benefits paid to participants$1,986,184
Plan auditUnmodified (clean) audit opinion
AuditorUHY
Plan history3
Yearassets · accounts · employer contribution
2024$27.9M · 533 accts · $735K emplr
2023$23.0M · 501 accts · $639K emplr
2022$18.4M · 414 accts · $535K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$82,048
Total administrative$82,048
The Amvc Employee Services, LLC 401(k) match · 2024
Employer contribution per active participant$853
Median for plans this size$2,416
2024$853 per active participant
2023$775 per active participant
2022$833 per active participant

Amvc Employee Services, LLC's 2024 employer contribution ran below the $2,416 median for plans its size, in the bottom 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 · 20245
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator$82,048
EDWARD D. JONES & CO., L.P. · Investment advisory (plan)indirect comp
QUALIFIED PLAN CONSULTANTS · Other servicesindirect comp
WILSHIRE · Investment advisory (plan)indirect comp
MORNINGSTAR INVESTMENT MANAGEMENT L · Investment advisory (participants)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$82,048 · 0.32%
2023$63,844 · 0.31%
2022$92,485 · 0.45%
Similar plansProfessional & Technical Services · Iowa
Whitfield & Eddy P.L.C. IA$32.5M · 0.12%
McClure Engineering Co. IA$30.8M · 0.39%
Beams, LLC IA$27.7M · 0.44%
Scintilla Eg Holdings, Inc. IA$27.2M · 0.38%
Strategic America, Inc. IA$27.1M · 0.30%
Distek Integration, Inc. IA$23.7M · 0.28%

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Source: U.S. Department of Labor, Form 5500 series, EIN 912104777 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.