Plan Ledger DOL Form 5500 · updated monthly

Alliance for Multispecialty Research, LLC401(k)

ALLIANCE FOR MULTISPECIALTY RESEARCH RETIREMENT PLAN · KNOXVILLE, TN · plan year 2024

Reported admin expense ratio · 2024
0.75%

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

Alliance for Multispecialty Research, LLC reported $129,720 in plan administrative expenses for 2024: 0.75% of average plan assets, higher than ~90% of peers. Employer contributions averaged $3,274 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 0.57% to 0.75%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 591st-largest of 1,496 plans among Tennessee employers on file, and 5,858th of 11,654 in professional & technical services. In 2024, employees put in $1.57 for every $1.00 the employer contributed; active participation has shrunk from 439 to 350 since 2022.

Plan summary
Net assets, end of year$18,338,352
Participants with balances418
Active participants350
Employer contributions$1,145,909
Employee contributions$1,797,749
Employer contribution per active participant$3,274
Average account balance$43,872
Benefits paid to participants$3,308,925
Plan auditUnmodified (clean) audit opinion
AuditorLBMC, PC
Plan history3
Yearassets · accounts · employer contribution
2024$18.3M · 418 accts · $1.1M emplr
2023$16.4M · 489 accts · $1.2M emplr
2022$11.9M · 258 accts · $548K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$116,520
Audit (IQPA)$13,200
Total administrative$129,720
The Alliance for Multispecialty Research, LLC 401(k) match · 2024
Employer contribution per active participant$3,274
Median for plans this size$2,416
2024$3,274 per active participant
2023$2,740 per active participant
2022$1,248 per active participant

Alliance for Multispecialty Research, LLC'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 · 20243
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$116,520
LBMC PC · Accounting / audit$13,200
GLOBAL RETIREMENT PARTNERS LLC · Investment advisory (plan)indirect comp

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

Administrative cost history3
2024$129,720 · 0.75%
2023$91,145 · 0.64%
2022$72,695 · 0.57%
Same employer
Similar plansProfessional & Technical Services · Tennessee
Codescience, Inc. TN$19.0M · 0.48%
Inova Payroll, Inc. TN$18.5M · 0.72%
Perfectserve, Inc. TN$18.4M · 0.49%
Banc Card of America, Inc TN$17.2M · 0.50%
Allen & Hoshall, Inc. TN$16.2M · 0.24%

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Source: U.S. Department of Labor, Form 5500 series, EIN 721369056 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.