Plan Ledger DOL Form 5500 · updated monthly

Alan Wire Company, Inc.401(k)

ALAN WIRE COMPANY, INC. PROFIT SHARING PLAN · SIKESTON, MO · plan year 2024

Reported admin expense ratio · 2024
0.14%

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

Alan Wire Company, Inc. reported $19,280 in plan administrative expenses for 2024: 0.14% of average plan assets, below the peer median. Employer contributions averaged $1,929 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 0.12% to 0.14%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Missouri (704th of 1,393), and 7,096th of 13,661 in manufacturing. In 2024, employees put in $1.52 for every $1.00 the employer contributed; active participation has grown from 301 to 366 since 2022.

Plan summary
Net assets, end of year$14,993,614
Participants with balances330
Active participants366
Employer contributions$705,966
Employee contributions$1,076,071
Employer contribution per active participant$1,929
Average account balance$45,435
Benefits paid to participants$1,115,821
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$15.0M · 330 accts · $706K emplr
2023$13.2M · 281 accts · $604K emplr
2022$10.7M · 258 accts · $558K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$10,925
Investment management$8,005
Total administrative$19,280
The Alan Wire Company, Inc. 401(k) match · 2024
Employer contribution per active participant$1,929
Median for plans this size$2,416
2024$1,929 per active participant
2023$1,842 per active participant
2022$1,852 per active participant

Alan Wire Company, Inc.'s 2024 employer contribution ran below the $2,416 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
BENEFIT PLANS PLUS$8,005
BENEFIT PLANS PLUS · Other servicesindirect comp
MORNINGSTAR · Investment advisory (plan)indirect comp

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

Administrative cost history3
2024$19,280 · 0.14%
2023$15,461 · 0.13%
2022$12,843 · 0.12%
Similar plansManufacturing · Missouri
Semco LLC MO$15.6M · 0.54%
Buchheit Enterprises, Inc. MO$15.3M · 0.34%
Timken Smo LLC MO$15.1M · 0.09%
Husky Corporation MO$14.7M · 0.32%
Triumph Foods, LLC MO$14.6M · 0.61%
Production Castings, Inc. MO$14.5M · 0.52%

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Source: U.S. Department of Labor, Form 5500 series, EIN 431028755 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.