Plan Ledger DOL Form 5500 · updated monthly

Allen Industries, Inc401(k)

ALLEN INDUSTRIES, INC. 401(K) PLAN · GREENSBORO, NC · plan year 2024

Reported admin expense ratio · 2024
0.27%

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

Allen Industries, Inc reported $48,066 in plan administrative expenses for 2024: 0.27% of average plan assets, below the peer median. Employer contributions averaged $1,165 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 0.30% to 0.27%. 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 750th-largest of 2,005 plans among North Carolina employers on file, and the 6,005th of 13,661 in manufacturing. In 2024, employees put in $3.53 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$19,575,703
Participants with balances304
Active participants304
Employer contributions$354,168
Employee contributions$1,248,573
Employer contribution per active participant$1,165
Average account balance$64,394
Benefits paid to participants$1,034,329
Plan auditUnmodified (clean) audit opinion
AuditorTURLINGTON AND COMPANY
Plan history3
Yearassets · accounts · employer contribution
2024$19.6M · 304 accts · $354K emplr
2023$16.7M · 319 accts · $323K emplr
2022$13.7M · 317 accts · $336K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$38,455
Investment management$9,611
Total administrative$48,066
The Allen Industries, Inc 401(k) match · 2024
Employer contribution per active participant$1,165
Median for plans this size$2,416
2024$1,165 per active participant
2023$1,107 per active participant
2022$1,160 per active participant

Allen Industries, Inc's 2024 employer contribution ran below the $2,416 median for plans its size, in the bottom quarter of its peers. 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
ASCENSUS LLC · Loan processing · Recordkeeping$44,916
ONE DIGITAL INVESTMENT ADVISORS · Investment advisory (plan)$9,401

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
2023Ascensus

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

Administrative cost history3
2024$48,066 · 0.27%
2023$41,215 · 0.27%
2022$44,073 · 0.30%
Same employer
Similar plansManufacturing · North Carolina
Joerns Healthcare, LLC NC$20.0M · 0.77%
Daramic, LLC NC$19.9M · 0.08%
Joerns, LLC NC$19.5M · 0.83%
Humacyte Global, Inc. NC$19.3M · 0.02%
McMurray Fabrics, Inc NC$19.2M · 0.42%

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Source: U.S. Department of Labor, Form 5500 series, EIN 560486250 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.