Plan Ledger DOL Form 5500 · updated monthly

Alcora Corporation401(k)

ALCORA CORPORATION 401(K) PLAN · DORAL, FL · plan year 2024

Reported admin expense ratio · 2024
0.63%

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

Alcora Corporation reported $69,154 in plan administrative expenses for 2024: 0.63% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,250 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 0.50% to 0.63%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other retail trade employers. By assets it is the 1,616th-largest of 3,644 plans among Florida employers on file, and the 2,315th of 5,215 in retail trade. In 2024, employees put in $2.31 for every $1.00 the employer contributed; active participation has shrunk from 397 to 256 since 2022.

Plan summary
Net assets, end of year$11,712,573
Participants with balances425
Active participants256
Employer contributions$576,083
Employee contributions$1,332,535
Employer contribution per active participant$2,250
Average account balance$27,559
Benefits paid to participants$1,624,927
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$11.7M · 425 accts · $576K emplr
2023$10.2M · 491 accts · $674K emplr
2022$9.1M · 502 accts · $881K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$46,954
Investment management$18,845
Trustee / custodial$3,355
Total administrative$69,154
The Alcora Corporation 401(k) match · 2024
Employer contribution per active participant$2,250
Median for plans this size$2,416
2024$2,250 per active participant
2023$2,067 per active participant
2022$2,219 per active participant

Alcora Corporation's 2024 employer contribution ran below 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 · 20242
NEWPORT GROUP, INC. · Contract administrator · Recordkeeping$40,314
NEWPORT GROUP CONSULTING, LLC · Investment advisory (plan) · Investment advisory (participants)$20,248

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

Recordkeeper by year2
2024Newport (Ascensus)
2023Newport (Ascensus)

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

Administrative cost history3
2024$69,154 · 0.63%
2023$73,665 · 0.76%
2022$45,282 · 0.50%
Similar plansRetail Trade · Florida
Boniface & Company, Inc. FL$12.0M · 0.51%
Shoes for Crews LLC FL$11.7M · 0.60%
Lokey Oldsmobile, Inc. FL$11.6M · 0.39%
IT Works Marketing, Inc. FL$11.4M · 0.52%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 651111542 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.