Plan Ledger DOL Form 5500 · updated monthly

Alaris Homes, Inc.401(k)

THE CARROLL COMPANIES 401K PROFIT SHARING PLAN · GREENSBORO, NC · plan year 2024

Reported admin expense ratio · 2024
0.62%

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

Alaris Homes, Inc. reported $73,450 in plan administrative expenses for 2024: 0.62% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,263 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 3 years on file its reported administrative ratio has held roughly steady near 0.616%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other construction employers. By assets it is the 906th-largest of 2,005 plans among North Carolina employers on file, and the 2,540th of 5,337 in construction. In 2024, employees put in $1.81 for every $1.00 the employer contributed; active participation has grown from 320 to 361 since 2022.

Plan summary
Net assets, end of year$14,331,404
Participants with balances171
Active participants361
Employer contributions$455,990
Employee contributions$825,285
Employer contribution per active participant$1,263
Average account balance$83,809
Benefits paid to participants$450,164
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$14.3M · 171 accts · $456K emplr
2023$9.5M · 167 accts · $422K emplr
2022$6.6M · 199 accts · $606K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$33,967
Investment management$39,483
Total administrative$73,450
The Alaris Homes, Inc. 401(k) match · 2024
Employer contribution per active participant$1,263
Median for plans this size$2,416
2024$1,263 per active participant
2023$1,244 per active participant
2022$1,893 per active participant

Alaris Homes, Inc.'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 · 20242
ASCENSUS LLC · Recordkeeping$33,967
MMA SECURITIES, LLC · Investment advisory (plan)$39,483

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

Recordkeeper by year2
2024Ascensus
2023Ascensus

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$73,450 · 0.62%
2023$47,909 · 0.60%
2022$41,685 · 0.62%
Same employer
Similar plansConstruction · North Carolina
Fitch Creations, Inc. NC$16.9M · 0.34%
Hoopaugh Grading Co., LLC NC$16.6M · 0.06%
Salem Electric Company, Inc NC$15.5M · 0.45%
The Hamlin Companies, Inc. NC$14.1M · 0.55%
Barringer Construction NC$14.0M · 0.59%
Spc Mechanical Corporation NC$13.7M · 0.57%

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Source: U.S. Department of Labor, Form 5500 series, EIN 561490479 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.