Plan Ledger DOL Form 5500 · updated monthly

Alliance Steel Corporation401(k)

ALLIANCE STEEL 401(K) PLAN · GARY, IN · plan year 2024

Reported admin expense ratio · 2024
0.06%

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

Alliance Steel Corporation reported $7,262 in plan administrative expenses for 2024: 0.06% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,791 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 0.03% to 0.06%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other wholesale trade employers. By assets it is among the smaller plans on file in Indiana (839th of 1,562), and 2,747th of 4,246 in wholesale trade. In 2024, employees put in $1.97 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$11,307,178
Participants with balances112
Active participants125
Employer contributions$348,917
Employee contributions$687,234
Employer contribution per active participant$2,791
Average account balance$100,957
Benefits paid to participants$2,019,839
Plan auditUnmodified (clean) audit opinion
AuditorMILLER COOPER & CO
Plan history3
Yearassets · accounts · employer contribution
2024$11.3M · 112 accts · $349K emplr
2023$11.0M · 118 accts · $342K emplr
2022$9.5M · 107 accts · $322K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$600
Investment management$6,662
Total administrative$7,262
The Alliance Steel Corporation 401(k) match · 2024
Employer contribution per active participant$2,791
Median for plans this size$2,416
2024$2,791 per active participant
2023$2,756 per active participant
2022$2,662 per active participant

Alliance Steel Corporation'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 · 20242
EMPOWER ADVISORY GROUP, LLC · Investment management$6,662
JPMORGAN INVEST HOLDINGS LLC$600

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$7,262 · 0.06%
2023$3,379 · 0.03%
2022$2,946 · 0.03%
Similar plansWholesale Trade · Indiana
Meyer Distributing, Inc. IN$12.3M · 0.28%
Tf Inter-Holdings, Inc. IN$12.0M · 0.00%
Breakers Unlimited IN$11.6M · 0.67%
Recycling Center Inc IN$11.1M · 0.56%
Acorn Distributors, Inc. IN$10.5M · 0.35%

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Source: U.S. Department of Labor, Form 5500 series, EIN 364190000 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.