Plan Ledger DOL Form 5500 · updated monthly

Applied Medical Technologies, Inc.401(k)

AIRCLEAN SYSTEMS 401K PLAN · CREEDMOOR, NC · plan year 2024

Reported admin expense ratio · 2024
0.18%

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

Applied Medical Technologies, Inc. reported $14,110 in plan administrative expenses for 2024: 0.18% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,610 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 0.08% to 0.18%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in North Carolina (1,221st of 2,005), and 9,544th of 13,661 in manufacturing. In 2024, employees put in $1.19 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$8,292,664
Participants with balances190
Active participants124
Employer contributions$323,588
Employee contributions$385,263
Employer contribution per active participant$2,610
Average account balance$43,646
Benefits paid to participants$447,005
Plan auditUnmodified (clean) audit opinion
AuditorSTANCIL PC
Plan history3
Yearassets · accounts · employer contribution
2024$8.3M · 190 accts · $324K emplr
2023$7.3M · 158 accts · $311K emplr
2022$5.9M · 161 accts · $278K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$6,354
Investment management$5,483
Trustee / custodial$2,273
Total administrative$14,110
The Applied Medical Technologies, Inc. 401(k) match · 2024
Employer contribution per active participant$2,610
Median for plans this size$1,313
2024$2,610 per active participant
2023$2,085 per active participant
2022$2,158 per active participant

Applied Medical Technologies, 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
MVP PLAN ADMINISTRATORS, INC. · Contract administrator · Recordkeeping$6,354
GORDON ASSET MANAGEMENT · Investment advisory (participants) · Investment advisory (plan)$5,483

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$14,110 · 0.18%
2023$3,158 · 0.05%
2022$5,021 · 0.08%
Same employer
Similar plansManufacturing · North Carolina
Dubose Strapping, Inc. NC$8.4M · 0.44%
McGee Corporation NC$8.2M · 0.33%
Prince Group, Inc. NC$8.1M · 0.53%

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Source: U.S. Department of Labor, Form 5500 series, EIN 561921532 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.