Plan Ledger DOL Form 5500 · updated monthly

Adc LTD Nm401(k)

ADC LTD NM 401(K) PLAN · ALBUQUERQUE, NM · plan year 2024

Reported admin expense ratio · 2024
0.39%

Peer grade: B · admin costs + employer contributions vs same-size plans · how grading works

Adc LTD Nm reported $25,573 in plan administrative expenses for 2024: 0.39% of average plan assets, below the peer median. Employer contributions averaged $965 per active participant. 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 0.08% to 0.39%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other administrative & support services employers. By assets it is among the smaller plans on file in New Mexico (170th of 290), and the 1,232nd of 2,534 in administrative & support services. In 2024, employees put in $1.96 for every $1.00 the employer contributed; active participation has grown from 190 to 354 since 2022.

Plan summary
Net assets, end of year$6,950,247
Participants with balances168
Active participants354
Employer contributions$341,442
Employee contributions$668,944
Employer contribution per active participant$965
Average account balance$41,371
Benefits paid to participants$1,117,032
Plan auditUnmodified (clean) audit opinion
AuditorCORDOVA CPAS LLC
Plan history3
Yearassets · accounts · employer contribution
2024$7.0M · 168 accts · $341K emplr
2023$6.1M · 168 accts · $309K emplr
2022$5.1M · 179 accts · $365K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$15,505
Investment management$10,068
Total administrative$25,573
The Adc LTD Nm 401(k) match · 2024
Employer contribution per active participant$965
Median for plans this size$1,313
2024$965 per active participant
2023$1,544 per active participant
2022$1,919 per active participant

Adc LTD Nm's 2024 employer contribution ran below the $1,313 median for plans its size. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
TRANSAMERICA FINANCIAL LIFE INS CO · Recordkeeping · Loan processing$15,401
ADP, INC. · Recordkeeping$463
MERRILL LYNCH LIFE AGENCY, INC. · Investment advisory (plan)$10,068

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024ADP, Transamerica
2023ADP

This plan has changed recordkeepers within these filings. If you left Adc LTD Nm before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$25,573 · 0.39%
2023$2,847 · 0.05%
2022$4,172 · 0.08%
All plans at this employer2
ADC LTD NM 401(K) PLAN401(k)
ADC LTD NM UNION 401(K) PLAN401(k)
Same employer
Similar plansAdministrative & Support Services · New Mexico
Compa Industries, Inc. NM$11.9M · 0.08%
Akal Security, Inc. NM$10.8M · 0.70%
Healthcare Packaging US NM$10.1M · 0.60%
Perikin Enterprises, LLC NM$6.3M · 0.61%

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Source: U.S. Department of Labor, Form 5500 series, EIN 850464911 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.