Plan Ledger DOL Form 5500 · updated monthly

Alc Homes Inc401(k)

ALC HOMES INC 401(K) PLAN · LITTLE FALLS, MN · plan year 2024

Reported admin expense ratio · 2024
0.60%

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

Alc Homes Inc reported $3,005 in plan administrative expenses for 2024: 0.60% of average plan assets, below the peer median. Employer contributions averaged $960 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 0.16% to 0.60%. The plan sits in the under $1M size bracket, benchmarked here against 1,109 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Minnesota (1,874th of 1,918), and 11,180th of 11,911 in health care & social assistance. In 2024, employees put in $2.25 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$682,531
Participants with balances111
Active participants122
Employer contributions$117,160
Employee contributions$264,047
Employer contribution per active participant$960
Average account balance$6,149
Benefits paid to participants$80,926
Plan auditUnmodified (clean) audit opinion
AuditorHARRINGTON LANGER & ASSOCIATES
Plan history2
Yearassets · accounts · employer contribution
2024$683K · 111 accts · $117K emplr
2023$323K · 114 accts · $97K emplr
Administrative expenses, itemized · 2024
Investment management$3,005
Total administrative$3,005
The Alc Homes Inc 401(k) match · 2024
Employer contribution per active participant$960
Median for plans this size$540
2024$960 per active participant
2023$817 per active participant

Alc Homes Inc's 2024 employer contribution ran above the $540 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.

Administrative cost history2
2024$3,005 · 0.60%
2023$502 · 0.16%
Similar plansHealth Care & Social Assistance · Minnesota
All Home Health Inc. MN$949K · 0.00%
The Wealshire, LLC MN$935K · 0.76%
Five Dimensions, LLC MN$802K · 9.56%
Heritage of Edina, Inc. MN$689K · 1.39%
Home at Heart Care, Inc. MN$659K · 0.96%

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Source: U.S. Department of Labor, Form 5500 series, EIN 261924631 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.