Plan Ledger DOL Form 5500 · updated monthly

Alco Motors, LLC401(k)

ALCO MOTORS, INC. 401(K) PLAN · CONCORD, NH · plan year 2024

Reported admin expense ratio · 2024
0.59%

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

Alco Motors, LLC reported $36,946 in plan administrative expenses for 2024: 0.59% of average plan assets, above the peer median. Employer contributions averaged $1,383 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 0.66% to 0.59%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in New Hampshire (304th of 411), and 3,290th of 5,215 in retail trade. In 2024, employees put in $3.46 for every $1.00 the employer contributed; active participation has grown from 91 to 107 since 2022.

Plan summary
Net assets, end of year$6,812,102
Participants with balances123
Active participants107
Employer contributions$147,931
Employee contributions$512,455
Employer contribution per active participant$1,383
Average account balance$55,383
Benefits paid to participants$134,423
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$6.8M · 123 accts · $148K emplr
2023$5.6M · 113 accts · $133K emplr
2022$4.7M · 102 accts · $102K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$18,946
Investment management$18,000
Total administrative$36,946
The Alco Motors, LLC 401(k) match · 2024
Employer contribution per active participant$1,383
Median for plans this size$1,313
2024$1,383 per active participant
2023$1,525 per active participant
2022$1,121 per active participant

Alco Motors, LLC'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 · 20242
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$18,946
GLOBAL RETIREMENT PARTNERS LLC · Investment advisory (plan)$18,000

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$36,946 · 0.59%
2023$33,101 · 0.64%
2022$33,400 · 0.66%
Similar plansRetail Trade · New Hampshire
McDevitt Trucks, Inc. NH$8.5M · 0.41%
Bonneville & Son, Inc. NH$7.9M · 0.61%
Sail Energy, LLC NH$7.7M · 1.22%
The Butcher Block, Inc. NH$3.8M · 0.81%
Ajc Northeast LLC NH$198K · 0.75%

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Source: U.S. Department of Labor, Form 5500 series, EIN 020487982 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.