Plan Ledger DOL Form 5500 · updated monthly

Applied Memetics, LLC dba Am LLC401(k)

AM LLC 401(K) RETIREMENT PLAN · LEESBURG, VA · plan year 2022

Reported admin expense ratio · 2022
3.38%

Applied Memetics, LLC dba Am LLC reported $49,124 in plan administrative expenses for 2022: 3.38% of average plan assets, higher than ~90% of peers. 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 1.47% to 2.22%. The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Virginia (2,118th of 2,266), and 10,434th of 11,911 in health care & social assistance. active participation has shrunk from 1,832 to 385 since 2021.

Plan summary
Net assets, end of year$1,539,136
Participants with balances222
Active participants385
Employer contributions—
Employee contributions$1,291,452
Employer contribution per active participant—
Average account balance$6,933
Benefits paid to participants$973,587
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2023$1.2M · 97 accts
2022$1.5M · 222 accts
2021$1.4M · 432 accts
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$49,124
Total administrative$49,124
What these fees cost you

Annual cost at the plan's reported 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history3
2023$30,488 · 2.22%
2022$49,124 · 3.38%
2021$20,129 · 1.47%
Similar plansHealth Care & Social Assistance · Virginia
Jackson-Feild Homes, Inc. VA$2.0M · 0.01%
Shelter House, Inc. VA$1.9M · 0.62%

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Source: U.S. Department of Labor, Form 5500 series, EIN 352423659 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.