Plan Ledger DOL Form 5500 · updated monthly

Alliance Source Testing, LLC401(k)

ALLIANCE SOURCE TESTING, LLC 401K PLAN · DECATUR, AL · plan year 2024

Reported admin expense ratio · 2024
0.47%

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

Alliance Source Testing, LLC reported $174,296 in plan administrative expenses for 2024: 0.47% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,587 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 0.68% to 0.47%. 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 162nd-largest of 902 plans among Alabama employers on file, and the 3,084th of 11,654 in professional & technical services. In 2024, employees put in $2.09 for every $1.00 the employer contributed; active participation has grown from 848 to 1,799 since 2022.

Plan summary
Net assets, end of year$43,564,271
Participants with balances1,788
Active participants1,799
Employer contributions$2,854,198
Employee contributions$5,957,492
Employer contribution per active participant$1,587
Average account balance$24,365
Benefits paid to participants$4,957,751
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$43.6M · 1,788 accts · $2.9M emplr
2023$30.0M · 1,761 accts · $2.2M emplr
2022$20.4M · 660 accts · $1.0M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$141,217
Investment management$15,528
Total administrative$174,296
The Alliance Source Testing, LLC 401(k) match · 2024
Employer contribution per active participant$1,587
Median for plans this size$2,416
2024$1,587 per active participant
2023$1,753 per active participant
2022$1,186 per active participant

Alliance Source Testing, 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 · 20244
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$59,848
MORGAN STANLEY SMITH BARNEY LLC · Investment advisory (participants)$17,551
EMPOWER ADVISORY GROUP, LLC · Investment management$15,127

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$174,296 · 0.47%
2023$170,118 · 0.67%
2022$134,829 · 0.68%
Same employer
Similar plansProfessional & Technical Services · Alabama
Sentar, Inc. AL$45.1M · 0.32%
Penta Research, Inc. AL$44.6M · 0.40%
Trideum Corporation AL$44.1M · 0.33%
Canvas, Inc. AL$42.9M · 0.28%
Daxko, LLC AL$42.6M · 0.61%

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Source: U.S. Department of Labor, Form 5500 series, EIN 271569242 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.