Plan Ledger DOL Form 5500 · updated monthly

Acara Solutions, Inc.401(k)

ALERON 401(K) SAVINGS AND RETIREMENT PLAN · WILLIAMSVILLE, NY · plan year 2022

Reported admin expense ratio · 2022
0.29%

Acara Solutions, Inc. reported $92,267 in plan administrative expenses for 2022: 0.29% of average plan assets, above the peer median. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio rose from 0.29% to 0.42%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other administrative & support services employers. By assets it is the 2,198th-largest of 5,648 plans among New York employers on file, and the 517th of 2,534 in administrative & support services.

Plan summary
Net assets, end of year$24,911,994
Participants with balances946
Active participants4,064
Employer contributions—
Employee contributions$3,441,218
Employer contribution per active participant—
Average account balance$26,334
Benefits paid to participants$4,615,830
Plan auditUnmodified (clean) audit opinion
AuditorFREED MAXICK CPAS PC
Plan history3
Yearassets · accounts · employer contribution
2024$24.6M · 573 accts · $82K emplr
2023$24.6M · 566 accts · $129K emplr
2022$24.9M · 946 accts
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$92,267
Total administrative$92,267
What these fees cost you

Annual cost at the plan's reported 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history3
2024$103,505 · 0.42%
2023$124,241 · 0.50%
2022$92,267 · 0.29%
Same employer
Similar plansAdministrative & Support Services · New York
B-Tds, Inc. NY$26.7M · 0.03%
Cathedral Corporation NY$25.5M · 0.50%
Aero Operating LLC NY$24.4M · 0.71%
Tandym Group Holdings, LLC NY$23.1M · 0.79%

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Source: U.S. Department of Labor, Form 5500 series, EIN 160852507 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.