Plan Ledger DOL Form 5500 · updated monthly

Automatic Equipment Mfg. Co.401(k)

AUTOMATIC EQUIPMENT MFG. CO. RETIREMENT SAVINGS PLAN · PENDER, NE · plan year 2024

Reported admin expense ratio · 2024
0.67%

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

Automatic Equipment Mfg. Co. reported $59,682 in plan administrative expenses for 2024: 0.67% of average plan assets, above the peer median. Employer contributions averaged $1,273 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 0.54% to 0.67%. 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 Nebraska (382nd of 565), and 9,166th of 13,661 in manufacturing. In 2024, employees put in $2.69 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$9,146,745
Participants with balances142
Active participants127
Employer contributions$161,634
Employee contributions$434,843
Employer contribution per active participant$1,273
Average account balance$64,414
Benefits paid to participants$852,177
Plan auditUnmodified (clean) audit opinion
AuditorMCMILLEN DOVALI CO., P.C.
Plan history3
Yearassets · accounts · employer contribution
2024$9.1M · 142 accts · $162K emplr
2023$8.6M · 158 accts · $175K emplr
2022$7.8M · 160 accts · $160K emplr
Administrative expenses, itemized · 2024
Investment management$2,149
Audit (IQPA)$16,400
Trustee / custodial$41,133
Total administrative$59,682
The Automatic Equipment Mfg. Co. 401(k) match · 2024
Employer contribution per active participant$1,273
Median for plans this size$1,313
2024$1,273 per active participant
2023$1,436 per active participant
2022$1,256 per active participant

Automatic Equipment Mfg. Co.'s 2024 employer contribution ran below the $1,313 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
SECURITY NATIONAL BANK · Trustee · Investment management$41,133
MCMILLEN COMPANY, P.C. · Accounting / audit$16,400
CHARLES SCHWAB TRUST BANK · Custodial (securities)$2,149
CHARLES SCHWAB & CO INC. · Custodial (securities)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$59,682 · 0.67%
2023$56,375 · 0.69%
2022$46,394 · 0.54%
Same employer
Similar plansManufacturing · Nebraska
Centennial Plastics, Inc. NE$9.7M · 0.15%
L.B.T., Inc. NE$8.9M · 0.03%
Mp Global Products, LLC NE$7.8M · 0.66%

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Source: U.S. Department of Labor, Form 5500 series, EIN 470521127 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.