Plan Ledger DOL Form 5500 · updated monthly

Alliance Automation, LLC401(k)

ALLIANCE AUTOMATION 401(K) RETIREMENT PLAN · VAN WERT, OH · plan year 2024

Reported admin expense ratio · 2024
0.91%

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

Alliance Automation, LLC reported $78,495 in plan administrative expenses for 2024: 0.91% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,683 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 0.74% to 0.91%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Ohio (2,070th of 3,295), and 9,145th of 13,661 in manufacturing. In 2024, employees put in $1.71 for every $1.00 the employer contributed; active participation has grown from 145 to 198 since 2022.

Plan summary
Net assets, end of year$9,191,794
Participants with balances209
Active participants198
Employer contributions$531,140
Employee contributions$910,634
Employer contribution per active participant$2,683
Average account balance$43,980
Benefits paid to participants$1,656,168
Plan auditUnmodified (clean) audit opinion
AuditorSCHULTZ HUBER & ASSOCIATES, INC.
Plan history3
Yearassets · accounts · employer contribution
2024$9.2M · 209 accts · $531K emplr
2023$8.0M · 182 accts · $376K emplr
2022$6.1M · 149 accts · $349K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$6,587
Investment management$38,308
Trustee / custodial$33,600
Total administrative$78,495
The Alliance Automation, LLC 401(k) match · 2024
Employer contribution per active participant$2,683
Median for plans this size$1,313
2024$2,683 per active participant
2023$2,067 per active participant
2022$2,406 per active participant

Alliance Automation, LLC's 2024 employer contribution ran above the $1,313 median for plans its size, placing it in the top 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 · 20243
ALERUS FINANCIAL, N.A. · Recordkeeping · Trustee (discretionary)$33,599
ADVISOR'S PRIDE · Investment advisory (participants) · Investment advisory (plan)$19,746
LPL FINANCIAL LLC · Investment advisory (participants) · Investment advisory (plan)$11,116

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

Recordkeeper by year2
2024Alerus
2023Alerus

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Administrative cost history3
2024$78,495 · 0.91%
2023$74,898 · 1.06%
2022$45,010 · 0.74%
Same employer
Similar plansManufacturing · Ohio
General Die Casters, Inc. OH$9.2M · 0.79%
Ctl Aerospace, Inc. OH$9.2M · 0.80%
Greenpoint Metals, Inc. OH$9.1M · 0.35%

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Source: U.S. Department of Labor, Form 5500 series, EIN 753164446 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.