Plan Ledger DOL Form 5500 · updated monthly

Automated Media, Inc.401(k)

AUTOMATED MEDIA, INC. 401(K) PROFIT SHARING PLAN · CANTON, MI · plan year 2023

Reported admin expense ratio · 2023
0.41%

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

Automated Media, Inc. reported $51,525 in plan administrative expenses for 2023: 0.41% of average plan assets, above the peer median. Employer contributions averaged $1,836 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 has held roughly steady near 0.41%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Michigan (1,332nd of 2,619), and 7,003rd of 11,654 in professional & technical services. In 2023, employees put in $2.95 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$13,351,797
Participants with balances125
Active participants109
Employer contributions$200,092
Employee contributions$591,063
Employer contribution per active participant$1,836
Average account balance$106,814
Benefits paid to participants$1,171,924
Plan auditUnmodified (clean) audit opinion
AuditorRSM US LLP
Plan history3
Yearassets · accounts · employer contribution
2024$0 · $200K emplr
2023$13.4M · 125 accts · $200K emplr
2022$11.8M · 127 accts · $495K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$51,525
Total administrative$51,525
The Automated Media, Inc. 401(k) match · 2023
Employer contribution per active participant$1,836
Median for plans this size$2,440
2023$1,836 per active participant
2022$4,191 per active participant

Automated Media, Inc.'s 2023 employer contribution ran below the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20233
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$51,524
SIGMA FINANCIAL CORPORATION · Other servicesindirect comp
WILSHIRE ADVISORS LLC · Investment advisory (plan)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
2024Not separately reported
2023$51,525 · 0.41%
2022$48,668 · 0.40%
Same employer
Similar plansProfessional & Technical Services · Michigan
Jacobsen/Daniels Associates MI$13.9M · 0.07%
Orlans P.C. MI$13.7M · 0.59%
Mms Holdings Inc MI$13.7M · 0.30%
Continental Management, LLC MI$13.1M · 0.85%
Munro & Associates, Inc. MI$13.0M · 0.38%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 382840640 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.