Ames Companies retirement plan: assets, participants and fees
What Ames Companies' retirement plan plan says about matching contributions
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Recordkeeper | Principal Trust Company | Schedule C ↗ |
| Independent auditor | Rkl LLP (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | Pension (defined benefit) · Frozen | Form 5500 ↗ |
How the plan compares
Plan year 2024 medians for 451 pension plans in manufacturing with 1,000 to 4,999 participants.
| Ames Companies: employer contribution per participant | $383 | |
| Peer median | $1,502 |
| Ames Companies: average balance | $37,298 | |
| Peer median | $72,786 |
| Ames Companies: admin expenses ÷ assets | 0.94% | |
| Peer median | 0.67% |
Admin expenses are the plan's reported administrative expenses divided by its assets; they do not include fund expense ratios.
Plan history
Plan assets went from $161M at the end of plan year 2021 to $132M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 3,527 | $132M | $1.4M | $383 | 0.94% | Not published | Form 5500 ↗ |
| 2023 | 3,642 | $132M | $2.2M | $608 | 1.48% | Not published | Form 5500 ↗ |
| 2022 | 3,728 | $127M | $0 | $0 | 1.47% | Not published | Form 5500 ↗ |
| 2021 | 3,805 | $161M | $922K | $242 | 1.28% | Not published | Form 5500 ↗ |
Common questions
Does Ames Companies match 401(k) contributions?
The match terms for the Clopay Ames Pension Plan have not been published from its filing yet. The plan year 2024 filing reports $1.4M in employer contributions, about $383 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Ames Companies 401(k) match vested?
The vesting schedule for the Clopay Ames Pension Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Ames Companies 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Principal Trust Company. The plan administrator is The Ames Companies, Inc..
I left Ames Companies. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (The Ames Companies, Inc., (717) 730-2508) or the recordkeeper, Principal Trust Company. The Ames Companies old 401(k) page lists the contacts from every plan filing. Find an old Ames Companies 401(k)
Data from the public Form 5500 annual reports Ames Companies filed with the U.S. Department of Labor (plan years 2021 and 2022 and 2023 and 2024) and, where noted, the attached independent auditor's report. Plan terms may have changed since the filing; check your current Summary Plan Description. PlanFacts is not affiliated with Ames Companies. Not financial advice. Report a correction · Methodology