Plan Ledger DOL Form 5500 · updated monthly

Alliance Plastics, LLC401(k)

ALLIANCE PLASTICS, LLC 401(K) PROFIT SHARING PLAN · ROCK HILL, SC · plan year 2024

Reported admin expense ratio · 2024
2.27%

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

Alliance Plastics, LLC reported $43,260 in plan administrative expenses for 2024: 2.27% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,726 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 2.08% to 2.27%. 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 South Carolina (692nd of 807), and 12,767th of 13,661 in manufacturing. In 2024, employees put in $1.27 for every $1.00 the employer contributed; active participation has grown from 83 to 98 since 2022.

Plan summary
Net assets, end of year$2,133,135
Participants with balances156
Active participants98
Employer contributions$169,196
Employee contributions$214,838
Employer contribution per active participant$1,726
Average account balance$13,674
Benefits paid to participants$94,987
Plan auditUnmodified (clean) audit opinion
AuditorWIPFLI
Plan history3
Yearassets · accounts · employer contribution
2024$2.1M · 156 accts · $169K emplr
2023$1.7M · 157 accts · $150K emplr
2022$1.3M · 97 accts · $111K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$34,164
Investment management$4,548
Total administrative$43,260
The Alliance Plastics, LLC 401(k) match · 2024
Employer contribution per active participant$1,726
Median for plans this size$1,313
2024$1,726 per active participant
2023$937 per active participant
2022$1,336 per active participant

Alliance Plastics, LLC's 2024 employer contribution ran above the $1,313 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 · 20242
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$31,303
MERRILL LYNCH PIERCE FENNER & SMITH · Pension consulting · Investment advisory (plan)$9,084

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$43,260 · 2.27%
2023$31,444 · 2.14%
2022$27,635 · 2.08%
Similar plansManufacturing · South Carolina
Three-D Metal Works, Inc. SC$2.3M · 0.24%
Owen Brothers, Inc. SC$2.2M · 2.63%
The Marwin Company, Inc. SC$2.1M · 0.70%
Keer America Corporation SC$2.1M · 1.42%

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Source: U.S. Department of Labor, Form 5500 series, EIN 320063382 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.