Plan Ledger DOL Form 5500 · updated monthly

Alante Security Group, P.C.401(k)

GOVERNMENT CONTRACTORS SAVINGS PLAN AND MASTER TE SECURITY GROUP, INC. PLAN · WESTBURY, NY · plan year 2024

Reported admin expense ratio · 2024
0.78%

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

Alante Security Group, P.C. reported $66,466 in plan administrative expenses for 2024: 0.78% of average plan assets, above the peer median. Employer contributions averaged $2,231 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 fell from 0.84% to 0.78%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in New York (3,736th of 5,648), and 8,276th of 11,654 in professional & technical services. In 2024, the employer put in $19.39 for every $1.00 employees contributed themselves; active participation has grown from 224 to 619 since 2022.

Plan summary
Net assets, end of year$9,140,431
Participants with balances663
Active participants619
Employer contributions$1,381,156
Employee contributions$71,215
Employer contribution per active participant$2,231
Average account balance$13,786
Benefits paid to participants$1,185,848
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$9.1M · 663 accts · $1.4M emplr
2023$7.9M · 243 accts · $974K emplr
2022$6.9M · 219 accts · $797K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$46,449
Investment management$8,007
Total administrative$66,466
The Alante Security Group, P.C. 401(k) match · 2024
Employer contribution per active participant$2,231
Median for plans this size$1,313
2024$2,231 per active participant
2023$4,845 per active participant
2022$3,558 per active participant

Alante Security Group, P.C.'s 2024 employer contribution ran above 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
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$34,652
MERRILL LYNCH PIERCE FENNER & SMITH · Pension consulting · Investment advisory (plan)$20,017
ALLIANT INSURANCE SERVICES, INC. · Contract administrator · Other services$11,797

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$66,466 · 0.78%
2023$54,062 · 0.73%
2022$65,645 · 0.84%
Similar plansProfessional & Technical Services · New York
Lifesci Advisors NY$9.3M · 0.47%
Trackforce, Inc. NY$9.2M · 0.56%
Upstate Companies 1, LLC NY$9.2M · 0.56%
Ogury Inc. NY$9.2M · 0.52%
Qral Group LLC NY$9.0M · 0.01%
Valon Technologies, Inc. NY$9.0M · 0.23%

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Source: U.S. Department of Labor, Form 5500 series, EIN 113097920 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.