PlanOptica
Retirement plan

AMSTED INDUSTRIES EMPLOYEES CAPITAL ACCUMULATION PLAN

AMSTED INDUSTRIES, INC.EIN 36-0730380Plan #002PY 2024
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111 SOUTH WACKER DR., SUITE 4400 - CHICAGO, IL 60606312-645-1700amsted.comLinkedIn10001+ employeesmechanical or industrial engineering
Other plans on this EIN
4 filings
#004Retirement-$4.44B assets#026Retirement-$147.2M assets#080Retirement-$69.5M assets#124Retirement-$211K assets
Prospect flagsFailed to provide benefitCorrective distributions

Filing contacts

From the Form 5500, federal record
Plan sponsor signer
(name not on filing)
(312) 645-1700
Plan administrator signer
WAYNE LUCE
Signed 07/14/2025
How to read this page

Summary metrics

Total assets (EOY)
$761.6M
-11.1% from 2017
Total participants
7,293
-1.5% from 2017
Average account balance
$114,012
-8.7% from 2017
Annual return
29.68%
-4.05 pp from 2017

Benchmarks

See 128 peers
Peer group
Industry33 - Manufacturing
Plan typeDefined contribution
Participants5,000-9,999
Cohort128 peers
Snapshot2024
Participant deferral / active EE
$6,098
median $6,626
Employer contribution / active EE
$2,955
median $3,836
Participation rate
88.3%
median 95.6%
Avg account balance
$114,012
median $124,693
Admin fee / account holder
$57
median $70
Annual return
29.68%
median 15.13%
Overall peer rank
52nd percentileavg across 6 metrics

Analytics

2016 - 2024
Total assets (EOY)
Plan-year ending balance
$761.60M
Average account balance
Total assets / participants with a balance (line 6g)
$114K
Participants with account balance
Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.
6,680
Eligible Participants and Participation
Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.
88.3%
Contributions (total)
Employer and participant dollars contributed each year
$47.47M
Contributions per participant
Average employer and participant contribution per enrolled participant
$9K
Asset flow
BOY + contributions + return - distributions = EOY
Year
Annual return
Diverging bars; negative years highlighted
+29.68%
Admin fee / account holder
Total admin expenses / participants with a balance (line 6g)
$57
Asset composition
Cash / stocks / bonds / mutual funds / real estate / loans over time
  • Mutual / pooled
  • Stocks
  • Bonds
  • Cash
  • Real estate
  • Loans

Service providers

Top 3 by compensation
ProviderService typeCompensation
FIDELITY INVESTMENTS INSTITUTIONAL9+ years
Service code 37 · EIN 04-2647786
Loan Processing
$251,194
STRATEGIC ADVISORS, INC.8 years
Service code 27 · EIN 04-2654524
Advisory (Plan)
$109,665
CROWE LLP1 year
Service code 10 · EIN 35-0921680
Accounting
$22,500

Top hat statement on fileNQDC

Filed March 29, 2006 (most recent of 2 filings on file)

This is a legacy paper filing. Plan administrator and contact details are recorded in the original filing, which has not been digitised into structured fields.

Open the filing PDF

Plan features & details

Pension benefit codes2G2J2K2S2T3H2F
Plan features
  • 2F
    ERISA section 404(c) plan
    This plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
  • 2G
    Total participant-directed account plan
    Participants have the opportunity to direct the investment of all of the assets allocated to their individual accounts regardless of whether 29 CFR 2550.404c-1 is intended to be met.
  • 2J
    Code section 401(k) feature
    Cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan under which employees may elect to defer part of their compensation or receive these amounts in cash.
  • 2K
    Code section 401(m) arrangement
    Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
  • 2S
    Automatic enrollment
    Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
  • 2T
    Default investment account
    Total or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.
  • 3H
    Controlled group member
    Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

2 tripped
  • ComplianceFailed to provide benefit

    Form 5500 reported that benefits due were not provided when due.

  • ComplianceCorrective distributions

    Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II
Admin total
$383K
$73 / participant
  • Recordkeeping$250K65.2%
  • Investment mgmt$110K28.6%
  • Contract admin$1K0.3%
  • Other / not subdivided$23K5.9%
% of EOY assets
0.050%
all-in expense ratio
Categories reported
3 / 9
subdivided buckets used

Audit opinion

Schedule H Part III
Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm
CROWE LLP
Auditor EIN
350921680
Audit fees
$22,500
Opinion code
Unqualified