Plan Ledger DOL Form 5500 · updated monthly

Alliance Franchise Brands LLC401(k)

ALLIANCE FRANCHISE BRANDS LLC EMPLOYEES SAVINGS AND RETIREMENT PLAN · PLYMOUTH, MI · plan year 2024

Reported admin expense ratio · 2024
0.02%

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

Alliance Franchise Brands LLC reported $4,419 in plan administrative expenses for 2024: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,031 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 0.022% to 0.020%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other real estate & leasing employers. By assets it is the 940th-largest of 2,619 plans among Michigan employers on file, and the 586th of 2,096 in real estate & leasing. In 2024, employees put in $3.41 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$22,973,963
Participants with balances238
Active participants186
Employer contributions$377,753
Employee contributions$1,288,301
Employer contribution per active participant$2,031
Average account balance$96,529
Benefits paid to participants$2,588,634
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$23.0M · 238 accts · $378K emplr
2023$20.8M · 237 accts · $377K emplr
2022$16.8M · 234 accts · $347K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$4,419
Total administrative$4,419
The Alliance Franchise Brands LLC 401(k) match · 2024
Employer contribution per active participant$2,031
Median for plans this size$2,416
2024$2,031 per active participant
2023$2,039 per active participant
2022$1,805 per active participant

Alliance Franchise Brands LLC's 2024 employer contribution ran below 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 · 20241
CAPITAL GROUP RETIREMENT PLAN SVCS. · Trustee (directed) · Other services$4,419

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$4,419 · 0.02%
2023$3,651 · 0.02%
2022$4,163 · 0.02%
Similar plansReal Estate & Leasing · Michigan
Infusystem Holdings, Inc. MI$31.8M · 0.40%
Dtn Management Company MI$27.7M · 0.45%
McKinley Companies, LLC MI$23.5M · 0.45%
Redico, LLC. MI$22.8M · 0.58%
The Forbes Company, LLC MI$20.5M · 0.21%
Oakland Management Corp MI$19.6M · 0.28%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 383558789 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.