Plan Ledger DOL Form 5500 · updated monthly

Alacrity Solutions Group, LLC401(k)

ALACRITY SOLUTIONS GROUP, LLC 401(K) PLAN · FISHERS, IN · plan year 2024

Reported admin expense ratio · 2024
0.37%

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

Alacrity Solutions Group, LLC reported $129,867 in plan administrative expenses for 2024: 0.37% of average plan assets, above the peer median. Employer contributions averaged $399 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 0.33% to 0.37%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other finance & insurance employers. By assets it is the 349th-largest of 1,562 plans among Indiana employers on file, and the 2,023rd of 4,798 in finance & insurance. In 2024, employees put in $4.89 for every $1.00 the employer contributed; active participation has grown from 828 to 1,773 since 2022.

Plan summary
Net assets, end of year$38,350,515
Participants with balances1,028
Active participants1,773
Employer contributions$707,846
Employee contributions$3,462,217
Employer contribution per active participant$399
Average account balance$37,306
Benefits paid to participants$2,855,817
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$38.4M · 1,028 accts · $708K emplr
2023$31.5M · 745 accts · $533K emplr
2022$20.4M · 682 accts · $410K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$21,073
Investment management$108,794
Total administrative$129,867
The Alacrity Solutions Group, LLC 401(k) match · 2024
Employer contribution per active participant$399
Median for plans this size$2,416
2024$399 per active participant
2023$482 per active participant
2022$496 per active participant

Alacrity Solutions Group, LLC's 2024 employer contribution ran below the $2,416 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20244
AMERICAN PENSION ADVISORS, LTD. · Claims processing · Contract administrator$22,875
CBIZ BENEFITS & INS SERVICES INC · Claims processing · Contract administrator$16,246
LJI WEALTH MANAGEMENT, LLC · Investment advisory (participants) · Investment advisory (plan)$49,541

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

Recordkeeper by year2
2024AMERICAN PENSION ADVISORS, LTD., CBIZ BENEFITS & INS SERVICES INC
2023Nationwide

This plan has changed recordkeepers within these filings. If you left Alacrity Solutions Group, LLC 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$129,867 · 0.37%
2023$85,453 · 0.33%
2022$72,744 · 0.33%
Similar plansFinance & Insurance · Indiana
Purdue Federal Credit Union IN$43.3M · 0.20%
Mj Insurance Inc. IN$41.9M · 0.05%
Old National Bank IN$40.2M · 0.87%
Interra Credit Union IN$38.2M · 0.32%

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Source: U.S. Department of Labor, Form 5500 series, EIN 363306934 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.