Plan Ledger DOL Form 5500 · updated monthly

Ambridge US Services Company, Inc401(k)

BRIT INSURANCE SERVICES USA , INC. 401(K) RETIREMENT PLAN · NEW YORK, NY · plan year 2022

Reported admin expense ratio · 2022
0.01%

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

Ambridge US Services Company, Inc reported $1,230 in plan administrative expenses for 2022: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $8,111 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.

The plan sits in the $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other finance & insurance employers. By assets it is among the smaller plans on file in New York (3,064th of 5,648), and 3,587th of 4,798 in finance & insurance. In 2022, employees put in $1.48 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$14,120,308
Participants with balances156
Active participants130
Employer contributions$1,054,379
Employee contributions$1,562,131
Employer contribution per active participant$8,111
Average account balance$90,515
Benefits paid to participants$1,750,014
Plan auditUnmodified (clean) audit opinion
AuditorHARPER&PEARSON COMPANY, P.C.
Plan history2
Yearassets · accounts · employer contribution
2023$0 · $445K emplr
2022$14.1M · 156 accts · $1.1M emplr
The Ambridge US Services Company, Inc 401(k) match · 2022
Employer contribution per active participant$8,111
Median for plans this size$2,266

Ambridge US Services Company, Inc's 2022 employer contribution ran above the $2,266 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2
2023Not separately reported
2022$1,230 · 0.01%
Similar plansFinance & Insurance · New York
Primma LLC NY$14.6M · 0.01%
Emery & Webb, Inc. NY$14.2M · 0.70%
Paxos Trust Company LLC NY$13.8M · 0.27%
Global X Management, LLC NY$13.7M · 0.11%
Smartcontract Inc. NY$13.7M · 0.11%

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Source: U.S. Department of Labor, Form 5500 series, EIN 900434292 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.