Amcp Clean Acquisition Company 401(k) Review & Grade
Amcp Clean Acquisition Company, LLC 401(k) Profit Sharing Plan
Philadelphia, PAAccommodation & Food Services2,654 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$335Employer $ per active participant
$948Employee $ saved per active participant
0.93%Direct admin cost, % of plan assets
$16.9MNet plan assets, end of year
–Average balance per account (account count looks misreported)
Score breakdown
- Employer generosity32.5 / 5065th percentile for employer $ per participant
- Low cost1.3 / 255th percentile for low admin cost vs. same-size plans
- Employee saving8.6 / 1557th percentile for employee $ per participant
- Plan features3 / 10Default investment
- Red-flag deductions-13 pts2 issues reported on the filing
Total score32 / 100 · Grade D
This plan vs. peers
Peers: Accommodation & Food Services plans with 2,500–9,999 active participants (104 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 65th |
| Lower admin cost | 5th |
| Employee saving | 57th |
| Peers that auto-enroll | 15% |
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Red flags from the filing
Late deposits: the filing says some employee contributions were not sent to the plan on time ($34,031 reported). That's money taken from paychecks that sat with the employer longer than the law allows.
Corrective distributions: the plan refunded $156,865 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- Amcp Clean Acquisition put in about $335 per active participant, more than the typical peer ($244). Contribute at least enough to collect the full match. Skipping it leaves part of your pay on the table.
- The filing shows total dollars, not the match formula. Ask HR for the Summary Plan Description so you know the exact match and vesting schedule.
- Direct plan expenses (0.93% of assets) are well above similar-size plans (0.12%). Check your annual fee disclosure, choose low-cost index funds if you can, and think about whether savings beyond the match belong in an IRA.
- The plan reported late deposits of employee contributions. Compare your pay stubs with your account statements, and contact the plan administrator if money shows up late.
- Changing jobs? You can usually leave the money in the plan, move it to your new employer's plan, or roll it into an IRA. Don't cash out: you'd owe taxes and possibly a 10% penalty.
The raw numbers from the filing
| Employer contributions | $889,717 |
| Participant (employee) contributions | $2,515,739 |
| Other contributions (incl. rollovers in) | $179,382 |
| Administrative expenses paid from the plan | $139,807 |
| Investment advisory & management fees | $110,419 |
| Benefits paid out | $1,250,999 |
| Net assets, start / end of year | $13.2M / $16.9M |
| Active participants, start / end of year | 2,935 / 2,373 |
| Participants with account balances | 1,133 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | RSM US LLP |
Largest service providers (Schedule C)
| Morgan Stanley Smith Barney | $42,685 reported compensation |
| RSM US LLP | $36,823 reported compensation |
| Dilworth Paxson LLP | $30,911 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20260619080200NAL0003930113001, received 2026-06-19, EIN 30-0797519, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.