Retirement plan

AMERINATIONAL MANAGEMENT SERVICES, INC. 401(K) PLAN

Name: AMERINATIONAL MANAGEMENT SERVICES, INC. - AMERINATIONAL MANAGEMENT SERVICES, INC. 401(K) PLAN (2024) Form 5500
Creator: AMERINATIONAL MANAGEMENT SERVICES, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, AMERINATIONAL MANAGEMENT SERVICES, INC. 401(K) PLAN, AMERINATIONAL MANAGEMENT SERVICES, INC.

AMERINATIONAL MANAGEMENT SERVICES, INC.EIN 59-2354740Plan #001PY 2024

P.O. BOX 149006 - ORLANDO, FL 328149006407-895-1996ourams.comLinkedIn11-50 employeesmanagement consulting

Prospect flagsHigh feesLow participant contribution

How to read this page

Total assets (EOY)

$4.8M

+10.5% from 2023

Total participants

-7.4% from 2023

Average account balance

$219,250

+25.5% from 2023

Annual return

12.22%

-3.58 pp from 2023

Benchmarks

See 12,316 peers

Peer group

Industry51 - Information

Plan typeDefined contribution

Participants<25

Cohort12,316 peers

Snapshot2024

Free accounts unlock saves, downloads, and 3-year history.

Analytics

Total assets (EOY)

Plan-year ending balance

$4.82M

Not enough data

1 years with asset history on file

Average account balance

Total assets / participants with a balance (line 6g)

$219K

Not enough data

1 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

Not enough data

1 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

104.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$34K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$2K

Not enough data

1 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+12.22%

Not enough data

1 years with return on file

Admin fee / account holder

Total admin expenses / participants with a balance (line 6g)

$6906

Not enough data

1 years with admin cost on file

Asset composition

Cash / stocks / bonds / mutual funds / real estate / loans over time

Not enough data

0 years with F_SCH_H allocation on file

Free accounts unlock saves, downloads, and 3-year history.

Service providers

Providers data not reported

Schedule C was not filed on this plan's most recent Form 5500, so no compensated service providers are available to display.

Plan features & details

Pension benefit codes2E2F2G2J2T3D3H

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.
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.
3D
Pre-approved pension plan
A master prototype or volume submitter plan that is the subject of a favorable opinion or advisory letter from the IRS.
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

OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.
OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

Expense breakdown

Schedule H Part II

Admin total

$152K

$7235 / participant

Other / not subdivided$152K100.0%

% of EOY assets

3.150%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

No opinion code on file for this filing.

Auditor firm: (not reported)
Auditor EIN: -
Audit fees: (not subdivided)
Opinion code: -

Metric

This plan

Peer set

Industry

Size

Avg account balance

$219,250

$108,912+101.3%

$100,383+118.4%

$145,959+50.2%

Participation rate

85.7%

83.0%+2.8pp

81.5%+4.2pp

80.3%+5.4pp

Annual return

12.22%

57.96%-45.7pp

49.26%-37.0pp

561.95%-549.7pp

Employer contribution / active EE

$4,423-100.0%

$3,944-100.0%

$4,661-100.0%

Participant deferral / active EE

$1,596

$8,451-81.1%

$8,086-80.3%

$6,689-76.1%

Admin fee / account holder

$6,906

$9,690-28.7%

$7,900-12.6%

$13,398-48.5%

AMERINATIONAL MANAGEMENT SERVICES, INC. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

AMERINATIONAL MANAGEMENT SERVICES, INC. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion