Plan Ledger DOL Form 5500 · updated monthly

Alco Parking Corporation401(k)

ALCO PARKING CORP. PROFIT SHARING 401(K) PLAN · PITTSBURGH, PA · plan year 2024

Reported admin expense ratio · 2024
0.31%

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

Alco Parking Corporation reported $47,185 in plan administrative expenses for 2024: 0.31% of average plan assets, above the peer median. Employer contributions averaged $2,747 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 0.29% to 0.31%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other other services employers. By assets it is the 1,759th-largest of 3,651 plans among Pennsylvania employers on file, and the 1,227th of 3,341 in other services. In 2024, employees put in $1.25 for every $1.00 the employer contributed; active participation has shrunk from 163 to 120 since 2022.

Plan summary
Net assets, end of year$16,092,421
Participants with balances152
Active participants120
Employer contributions$329,673
Employee contributions$411,386
Employer contribution per active participant$2,747
Average account balance$105,871
Benefits paid to participants$1,182,292
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$16.1M · 152 accts · $330K emplr
2023$14.5M · 156 accts · $331K emplr
2022$13.1M · 149 accts · $337K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$47,185
Total administrative$47,185
The Alco Parking Corporation 401(k) match · 2024
Employer contribution per active participant$2,747
Median for plans this size$2,416
2024$2,747 per active participant
2023$2,878 per active participant
2022$2,065 per active participant

Alco Parking Corporation's 2024 employer contribution ran above the $2,416 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
ASCENSUS LLC · Contract administrator · Recordkeeping$5,604
DEFINITI LLC · Recordkeeping$3,525
LION STREET FINANCIAL, LLC · Investment management$38,056

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, Definiti
2023Ascensus, Definiti

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

Administrative cost history3
2024$47,185 · 0.31%
2023$42,989 · 0.31%
2022$42,954 · 0.29%
Similar plansOther Services · Pennsylvania
Towne Park, LLC PA$17.6M · 1.23%
Serge Global, Inc. PA$17.6M · 0.31%
American Reading Company PA$16.5M · 0.11%
Valley Youth House PA$15.9M · 0.57%
Clark Service Group, Inc. PA$15.7M · 0.45%
Aaa North Penn PA$14.6M · 0.45%

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Source: U.S. Department of Labor, Form 5500 series, EIN 251099456 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.