Plan Ledger DOL Form 5500 · updated monthly

Alliance Tractor, LLC401(k)

ALLIANCE TRACTOR, LLC 401(K) PLAN · MATTOON, IL · plan year 2023

Reported admin expense ratio · 2023
0.71%

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

Alliance Tractor, LLC reported $51,998 in plan administrative expenses for 2023: 0.71% of average plan assets, above the peer median. Employer contributions averaged $612 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 0.71% to 1.32%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other wholesale trade employers. By assets it is among the smaller plans on file in Illinois (2,570th of 3,702), and 3,175th of 4,246 in wholesale trade. In 2023, employees put in $8.07 for every $1.00 the employer contributed; active participation has grown from 140 to 154 since 2022.

Plan summary
Net assets, end of year$8,230,714
Participants with balances141
Active participants154
Employer contributions$94,300
Employee contributions$761,321
Employer contribution per active participant$612
Average account balance$58,374
Benefits paid to participants$316,402
Plan auditUnmodified (clean) audit opinion
AuditorKEMPER CPA GROUP, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$807K · 1 accts
2023$8.2M · 141 accts · $94K emplr
2022$6.4M · 137 accts · $100K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$51,998
Total administrative$51,998
The Alliance Tractor, LLC 401(k) match · 2023
Employer contribution per active participant$612
Median for plans this size$1,308
2023$612 per active participant
2022$714 per active participant

Alliance Tractor, LLC's 2023 employer contribution ran below the $1,308 median for plans its size, in the bottom quarter of its peers. 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 · 20235
FIRST MID-ILLINOIS BANK & TRUST · Investment advisory (plan)$26,832
FUTUREPLAN BY ASCENSUS - BPC · Contract administrator$300
ASCENSUS HOLDINGS INC DBA FUTUREPLA · Contract administrator$150
EMPOWER ADVISORY GROUP, LLC · Investment management$140

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$59,580 · 1.32%
2023$51,998 · 0.71%
2022$47,355 · 0.71%
Similar plansWholesale Trade · Illinois
Tri Star Metals, LLC IL$8.5M · 0.16%
Ohio Medical, LLC IL$8.4M · 0.22%
Level 10, LLC IL$8.3M · 0.33%
J&R Dairy Service, Inc. IL$8.1M · 0.02%
Tp 2023, LLC IL$8.0M · 0.60%
Kanematsu USA Inc. IL$7.8M · 0.26%

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Source: U.S. Department of Labor, Form 5500 series, EIN 472752268 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.