Plan Ledger DOL Form 5500 · updated monthly

Alliance Industrial Corporation401(k)

ALLIANCE INDUSTRIAL CORPORATION RETIREMENT SAVINGS PLAN · LYNCHBURG, VA · plan year 2023

Reported admin expense ratio · 2023
0.52%

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

Alliance Industrial Corporation reported $99,555 in plan administrative expenses for 2023: 0.52% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,526 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 has held roughly steady near 0.52%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other manufacturing employers. By assets it is the 997th-largest of 2,266 plans among Virginia employers on file, and the 5,938th of 13,661 in manufacturing. In 2023, employees put in $2.00 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$19,972,951
Participants with balances158
Active participants124
Employer contributions$313,197
Employee contributions$625,993
Employer contribution per active participant$2,526
Average account balance$126,411
Benefits paid to participants$1,647,651
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$0 · $171K emplr
2023$20.0M · 158 accts · $313K emplr
2022$18.4M · 156 accts · $284K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$59,644
Investment management$39,911
Total administrative$99,555
The Alliance Industrial Corporation 401(k) match · 2023
Employer contribution per active participant$2,526
Median for plans this size$2,440
2023$2,526 per active participant
2022$2,152 per active participant

Alliance Industrial Corporation's 2023 employer contribution ran above 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 · 20233
UNIFIED TRUST COMPANY, N.A. · Recordkeeping · Trustee$50,749
HCI-EBS, INC. · Recordkeeping$8,895
MASS MUTUAL LIFE$39,911

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

Recordkeeper by year2
2024HCI-EBS, INC., UNIFIED TRUST COMPANY, N.A.
2023HCI-EBS, INC., UNIFIED TRUST COMPANY, N.A.

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Administrative cost history3
2024Not separately reported
2023$99,555 · 0.52%
2022$102,670 · 0.53%
Same employer
Similar plansManufacturing · Virginia
Davis, Carter, Scott LTD. VA$22.1M · 0.36%
Hanwha Azdel, Inc. VA$21.0M · 0.31%
Optical Cable Corporation VA$20.2M · 0.22%
Vbrick Systems, Inc. VA$19.0M · 0.07%
Banker Steel Holdco LLC VA$18.9M · 0.56%
Dynax America Corporation VA$18.9M · 0.05%

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Source: U.S. Department of Labor, Form 5500 series, EIN 540939217 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.