Plan Snapshot
- Plan Sponsor: Ametek, INC.
- Sponsor EIN: 141682544
- Sponsor Address: 1100 CASSATT RD., BERWYN, PA, 19312
- Plan Type: 401(k)
- Total Participants: 8,402
- Total Assets: $1.9B
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 8,402 | $1.9B | $39.6M | $75.4M |
| 2023 | 8,769 | $1.8B | $39.9M | $71.6M |
| 2022 | 8,563 | $1.5B | $36.4M | $66.5M |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| VOYA INSTITUTIONAL PLAN SERVICES | RECORDKEEPING | $630,311 | — | $630,311 |
| ERNST & YOUNG | CONTRACTUAL | $64,683 | — | $64,683 |
| NEPC, LLC | CONSULTING | $60,195 | — | $60,195 |
| FAEGRE DRINKER | ATTORNEY | $30,508 | — | $30,508 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ERNST & YOUNG — CONTRACTUAL
- NEPC, LLC — CONSULTING
- FAEGRE DRINKER — ATTORNEY
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $785,697
- Estimated Expense Ratio: 0.040% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $1,406,628 | $60,195 | $121,700 | $64,683 | — |
| 2023 | $1,538,315 | $95,842 | $68,325 | $62,800 | — |
| 2022 | $1,540,042 | — | — | — | — |