Plan Ledger DOL Form 5500 · updated monthly

Alliance Beverage Distributing LLC401(k)

ALLIANCE BEVERAGE DISTRIBUTING LLC EMPLOYEES RETIREMENT PLAN · GRAND RAPIDS, MI · plan year 2023

Reported admin expense ratio · 2023
0.45%

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

Alliance Beverage Distributing LLC reported $108,746 in plan administrative expenses for 2023: 0.45% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,490 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 0.40% to 0.44%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other transportation & warehousing employers. By assets it is the 857th-largest of 2,619 plans among Michigan employers on file, and the 613th of 2,677 in transportation & warehousing. In 2023, employees put in $2.43 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$26,264,993
Participants with balances481
Active participants404
Employer contributions$601,845
Employee contributions$1,464,122
Employer contribution per active participant$1,490
Average account balance$54,605
Benefits paid to participants$1,720,890
Plan auditUnmodified (clean) audit opinion
AuditorCROWE LLP
Plan history3
Yearassets · accounts · employer contribution
2024$25.9M · 549 accts · $586K emplr
2023$26.3M · 481 accts · $602K emplr
2022$22.0M · 452 accts · $490K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$37,095
Investment management$60,651
Audit (IQPA)$11,000
Total administrative$108,746
The Alliance Beverage Distributing LLC 401(k) match · 2023
Employer contribution per active participant$1,490
Median for plans this size$2,440
2024$1,385 per active participant
2023$1,490 per active participant
2022$1,324 per active participant

Alliance Beverage Distributing LLC's 2023 employer contribution ran below the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20236
TRANSAMERICA RETIREMENT SOLUTIONS · Recordkeeping · Loan processing$24,695
THE W.L. BURMEISTER COMPANY · Recordkeeping · Loan processing$12,400
THE HUNTINGTON NATIONAL BANK · Investment advisory (plan)$29,817
ONEDIGITAL INVESTMENT ADVISORS · Investment advisory (plan)$19,245
LEAFHOUSE FINANCIAL ADVISORS · Investment advisory (plan)$11,589
CROWE LLP · Accounting / audit$11,000

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

Recordkeeper by year2
2024THE W.L. BURMEISTER COMPANY, Transamerica
2023THE W.L. BURMEISTER COMPANY, Transamerica

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

Administrative cost history3
2024$115,741 · 0.44%
2023$108,746 · 0.45%
2022$100,228 · 0.40%
Same employer
Similar plansTransportation & Warehousing · Michigan
Lewis C Howard, Inc. MI$30.9M · 0.01%
Pentastar Aviation, LLC MI$26.9M · 0.36%
Vesco Oil Corporation MI$21.7M · 0.11%
Heligroup Holdings, Inc. MI$19.9M · 0.62%
Inontime, LLC MI$15.2M · 0.42%

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Source: U.S. Department of Labor, Form 5500 series, EIN 462038111 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.