Plan Ledger DOL Form 5500 · updated monthly

Al Global Corporation401(k)

AL GLOBAL 401(K) PLAN · CHULA VISTA, CA · plan year 2023

Reported admin expense ratio · 2023
0.12%

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

Al Global Corporation reported $2,782 in plan administrative expenses for 2023: 0.12% of average plan assets, lower than ~75% of peers. Employer contributions averaged $295 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 1 year on file its reported administrative ratio rose from 0.11% to 0.12%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in California (8,109th of 9,483), and 4,536th of 5,215 in retail trade. In 2023, employees put in $8.05 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,436,928
Participants with balances97
Active participants126
Employer contributions$37,122
Employee contributions$298,841
Employer contribution per active participant$295
Average account balance$25,123
Benefits paid to participants$430,486
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$2.4M · 97 accts · $37K emplr
2022$2.2M · 121 accts · $43K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$2,539
Investment management$243
Total administrative$2,782
The Al Global Corporation 401(k) match · 2023
Employer contribution per active participant$295
Median for plans this size$1,308
2023$295 per active participant
2022$301 per active participant

Al Global Corporation's 2023 employer contribution ran below the $1,308 median for plans its size, in the bottom quarter of its peers. 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
ADP, INC. · Loan processing · Recordkeeping$2,782
ADP BROKER-DEALER · Other servicesindirect comp

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

Administrative cost history2
2023$2,782 · 0.12%
2022$2,511 · 0.11%
Similar plansRetail Trade · California
Gill Automotive Group CA$2.6M · 0.88%
Market Hall Foods CA$2.5M · 0.60%
Kaizen Resources, Inc. CA$2.4M · 1.50%
Ronald Cohn, Inc. CA$2.4M · 1.18%
Stinson Enterprises, Inc. CA$2.3M · 0.63%

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Source: U.S. Department of Labor, Form 5500 series, EIN 330771532 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.