Plan Ledger DOL Form 5500 · updated monthly

Alco Management, Inc.401(k)

ALCO MANAGEMENT, INC. 401(K) PLAN · MEMPHIS, TN · plan year 2023

Reported admin expense ratio · 2023
0.33%

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

Alco Management, Inc. reported $37,708 in plan administrative expenses for 2023: 0.33% of average plan assets, above the peer median. Employer contributions averaged $1,938 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 0.23% to 0.32%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other real estate & leasing employers. By assets it is among the smaller plans on file in Tennessee (758th of 1,496), and the 962nd of 2,096 in real estate & leasing. In 2023, employees put in $2.23 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$12,524,565
Participants with balances242
Active participants211
Employer contributions$408,949
Employee contributions$913,507
Employer contribution per active participant$1,938
Average account balance$51,754
Benefits paid to participants$984,989
Plan auditUnmodified (clean) audit opinion
AuditorREYNOLDS BONE & GRIESBECK PLC
Plan history3
Yearassets · accounts · employer contribution
2024$10.5M · 258 accts · $365K emplr
2023$12.5M · 242 accts · $409K emplr
2022$10.5M · 239 accts · $386K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$6,163
Total administrative$37,708
The Alco Management, Inc. 401(k) match · 2023
Employer contribution per active participant$1,938
Median for plans this size$2,440
2024$1,592 per active participant
2023$1,938 per active participant
2022$1,780 per active participant

Alco Management, Inc.'s 2023 employer contribution ran below the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20233
COMMONWEALTH FINANCIAL NETWORK · Investment advisory (plan)$16,545
REYNOLDS BONE & GRIESBECK PLC · Accounting / audit$15,000
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$6,163

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$36,552 · 0.32%
2023$37,708 · 0.33%
2022$27,954 · 0.23%
Same employer
Similar plansReal Estate & Leasing · Tennessee
Property Brands TN$17.8M · 0.77%
The Mathews Company, LLC TN$13.7M · 0.66%
Crye-Leike, Inc. TN$13.5M · 0.71%
Lhp Management, LLC TN$13.4M · 0.91%
The Dude Abides, Inc TN$8.8M · 0.10%
T.E. Properties, Inc. TN$8.1M · 0.48%
Ghertner & Company TN$7.9M · 1.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 620951782 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.