Plan Ledger DOL Form 5500 · updated monthly

Analytical Services & Materials, Inc.401(k)

ANALYTICAL SERVICES & MATERIALS, INC. 401(K) PROFIT SHARING PLAN · HAMPTON, VA · plan year 2024

Reported admin expense ratio · 2024
0.43%

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

Analytical Services & Materials, Inc. reported $109,656 in plan administrative expenses for 2024: 0.43% of average plan assets, above the peer median. Employer contributions averaged $2,638 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 rose from 0.36% to 0.43%. 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 828th-largest of 2,266 plans among Virginia employers on file, and the 4,617th of 11,654 in professional & technical services. In 2024, employees put in $3.57 for every $1.00 the employer contributed; active participation has shrunk from 91 to 77 since 2022.

Plan summary
Net assets, end of year$26,023,062
Participants with balances131
Active participants77
Employer contributions$203,153
Employee contributions$725,194
Employer contribution per active participant$2,638
Average account balance$198,649
Benefits paid to participants$2,743,905
Plan auditUnmodified (clean) audit opinion
AuditorCLIENTS 1ST CPA, PC
Plan history3
Yearassets · accounts · employer contribution
2024$26.0M · 131 accts · $203K emplr
2023$25.3M · 141 accts · $208K emplr
2022$22.0M · 148 accts · $205K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$92,657
Audit (IQPA)$16,999
Total administrative$109,656
The Analytical Services & Materials, Inc. 401(k) match · 2024
Employer contribution per active participant$2,638
Median for plans this size$2,416
2024$2,638 per active participant
2023$2,735 per active participant
2022$2,253 per active participant

Analytical Services & Materials, Inc.'s 2024 employer contribution ran above the $2,416 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20244
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$92,657
CLIENTS 1ST CPA, PC · Accounting / audit$17,000
RAYMOND JAMES & ASSOCIATES, INC. · 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$109,656 · 0.43%
2023$115,816 · 0.49%
2022$89,563 · 0.36%
Similar plansProfessional & Technical Services · Virginia
Assyst, Inc. VA$26.2M · 0.01%
Bai Inc VA$26.1M · 0.08%
Sequoia Holdings LLC VA$25.9M · 0.45%
Mosaic Atm, Inc. VA$25.8M · 0.02%
Crown Consulting, Inc. VA$25.8M · 0.58%
Level Access, Inc. VA$25.6M · 0.52%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 541244719 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.