Plan Ledger DOL Form 5500 · updated monthly

Asm America, Inc.401(k)

ASM AMERICA, INC. 401(K) PLAN · PHOENIX, AZ · plan year 2024

Reported admin expense ratio · 2024
0.09%

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

Asm America, Inc. reported $154,452 in plan administrative expenses for 2024: 0.09% of average plan assets, below the peer median. Employer contributions averaged $6,331 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 0.11% to 0.09%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other manufacturing employers. By assets it is the 80th-largest of 1,285 plans among Arizona employers on file, and the 1,247th of 13,661 in manufacturing. In 2024, employees put in $2.03 for every $1.00 the employer contributed; active participation has grown from 1,036 to 1,337 since 2022.

Plan summary
Net assets, end of year$180,503,338
Participants with balances1,669
Active participants1,337
Employer contributions$8,464,744
Employee contributions$17,200,786
Employer contribution per active participant$6,331
Average account balance$108,151
Benefits paid to participants$16,789,750
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$180.5M · 1,669 accts · $8.5M emplr
2023$148.2M · 1,473 accts · $6.9M emplr
2022$117.9M · 1,345 accts · $5.6M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$23,921
Investment management$110,056
Audit (IQPA)$20,475
Total administrative$154,452
The Asm America, Inc. 401(k) match · 2024
Employer contribution per active participant$6,331
Median for plans this size$3,635
2024$6,331 per active participant
2023$5,942 per active participant
2022$5,370 per active participant

Asm America, Inc.'s 2024 employer contribution ran above the $3,635 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
SAGEVIEW ADVISORY GROUP, LLC · Investment management$62,056
SAGEVIEW ADVISORY GROUP, LLC · Investment advisory (plan)$48,000
CBIZ CPAS PC · Accounting / audit$20,475

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$154,452 · 0.09%
2023$129,323 · 0.10%
2022$134,954 · 0.11%
Same employer
Similar plansManufacturing · Arizona
Mitel (Delaware), Inc. AZ$227.8M · 0.11%
Amkor Technology, Inc. AZ$222.9M · 0.06%
Bar-S Foods Co. AZ$211.8M · 0.24%
Cavco Industries, Inc. AZ$181.8M · 0.27%
Sunstate Equipment Co., LLC AZ$164.0M · 0.19%
Sumco Phoenix Corporation AZ$160.1M · 0.12%
Tessenderlo Kerley, Inc. AZ$96.4M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 860317468 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.