401(k)
2023 plan-year 401(k) DOL Form 5500

Ameco Employees' Savings Investment Plan

ERISA Form 5500 plan record drawn from DOL EBSA โ€” verify with linked source filings below.

Sponsored by American Equipment Co, Inc. ยท South Carolina ยท Real Estate

What the 2023 filing shows

Ameco Employees' Savings Investment Plan holds $34M for 151 participants - about $228,371 per participant, up 75.2% over the 2023 plan year.

$34M
total plan assets (2023 EOY)
151
covered participants
$228,371
avg assets per participant
+75.2%
assets growth YoY
Total Assets (2023)
$34M
Participants
151
Industry
Real Estate

What the Filing Says About Ameco Employees' Savings Investment Plan

Ameco Employees' Savings Investment Plan is a 401(k) retirement plan sponsored by American Equipment Co, Inc., headquartered in South Carolina. As of the 2023 Form 5500 filing, the plan reports $34M in total end-of-year assets and covers 151 participants across the Real Estate industry. The sponsor's EIN on file with the U.S. Department of Labor is 570541745, and the plan has been effective since 2022-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $20M at the beginning of 2023 to $34M at year-end โ€” a gain of 75.2%. Net assets (after liabilities) closed the year at $34M, with reported net income of $124K driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows โ€” a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$20M
Total Assets (End of Year)$34M
Net Assets (End of Year)$34M
Net Income$124K
Plan Type401(k)
Employer EIN570541745
Plan Effective Date2022-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (American Equipment Co, Inc.)

Year Plans Participants Total Assets
2022 1 132 $20M
2023 1 151 $34M
2024 1 325 $38M

Nearby 401(k) Plans in South Carolina

Peer 401(k) plans โ€” same state, same plan type โ€” ranked by total assets.

Frequently Asked Questions

How much money is in the Ameco Employees' Savings Investment Plan?
As of the 2023 Form 5500 filing, Ameco Employees' Savings Investment Plan holds $34M in total assets with 151 participants. It is sponsored by American Equipment Co, Inc..
What type of plan is Ameco Employees' Savings Investment Plan?
Ameco Employees' Savings Investment Plan is a 401(k) plan. It has been effective since 2022-01-01. The plan is filed with the U.S. Department of Labor under EIN 570541745.
Who sponsors the Ameco Employees' Savings Investment Plan?
Ameco Employees' Savings Investment Plan is sponsored by American Equipment Co, Inc., located in South Carolina. The sponsor's EIN is 570541745 and the plan operates in the Real Estate industry.
How did Ameco Employees' Savings Investment Plan perform in 2023?
Ameco Employees' Savings Investment Plan grew by 75.2% during 2023, moving from $20M to $34M in total assets. Net income was $124K.
Where can I find official filings for Ameco Employees' Savings Investment Plan?
Official Form 5500 filings for Ameco Employees' Savings Investment Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 570541745 or plan name at efast.dol.gov.
How does Ameco Employees' Savings Investment Plan compare to other plans?
You can compare Ameco Employees' Savings Investment Plan against other 401(k) plans on the plan type page, or view plans in South Carolina on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) โ€” original filing retrieval by EIN 570541745.

Reference: IRS Publication 560 โ€” Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B โ€” Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.