Plan Ledger DOL Form 5500 · updated monthly

Allagash Brewing Company401(k)

ALLAGASH BREWING COMPANY RETIREMENT PLAN · PORTLAND, ME · plan year 2024

Reported admin expense ratio · 2024
0.25%

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

Allagash Brewing Company reported $38,194 in plan administrative expenses for 2024: 0.25% of average plan assets, below the peer median. Employer contributions averaged $3,065 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 0.33% to 0.25%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 165th-largest of 354 plans among Maine employers on file, and the 6,651st of 13,661 in manufacturing. In 2024, employees put in $2.04 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$16,641,304
Participants with balances170
Active participants146
Employer contributions$447,537
Employee contributions$910,972
Employer contribution per active participant$3,065
Average account balance$97,890
Benefits paid to participants$1,082,107
Plan auditUnmodified (clean) audit opinion
AuditorALBIN RANDALL & BENNETT
Plan history3
Yearassets · accounts · employer contribution
2024$16.6M · 170 accts · $448K emplr
2023$14.0M · 180 accts · $468K emplr
2022$10.2M · 177 accts · $441K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$18,194
Investment management$20,000
Total administrative$38,194
The Allagash Brewing Company 401(k) match · 2024
Employer contribution per active participant$3,065
Median for plans this size$2,416
2024$3,065 per active participant
2023$3,000 per active participant
2022$2,846 per active participant

Allagash Brewing Company'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 · 20242
THE VANGUARD GROUP, INC. · Recordkeeping · Loan processing$18,194
VALMARK ADVISORS, INC · Investment advisory (plan)$20,000

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

Recordkeeper by year2
2024Vanguard
2023Vanguard

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

Administrative cost history3
2024$38,194 · 0.25%
2023$36,949 · 0.31%
2022$35,890 · 0.33%
Same employer
Similar plansManufacturing · Maine
Jasper Wyman & Son ME$18.9M · 0.06%
Mowi USA, LLC ME$18.8M · 0.29%
Tex-Tech Industries, Inc. ME$17.7M · 0.49%
Alcom, LLC ME$15.6M · 1.37%
Enercon Technologies ME$15.6M · 0.18%
The Dingley Press, Inc. ME$14.6M · 0.56%
Sabre Yachts ME$13.9M · 0.11%

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Source: U.S. Department of Labor, Form 5500 series, EIN 010492477 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.