Plan Ledger DOL Form 5500 · updated monthly

Allied Beverage Group, L.L.C.401(k)

ALLIED BEVERAGE GROUP LOCAL 2-D UNION RETIREMENT PLAN · ELIZABETH, NJ · plan year 2024

Reported admin expense ratio · 2024
0.17%

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

Allied Beverage Group, L.L.C. reported $155,634 in plan administrative expenses for 2024: 0.17% of average plan assets, above the peer median. Employer contributions averaged $3,328 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 3 years on file its reported administrative ratio has held roughly steady near 0.172%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other wholesale trade employers. By assets it is the 396th-largest of 2,419 plans among New Jersey employers on file, and the 458th of 4,246 in wholesale trade. In 2024, employees put in $3.65 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$90,830,469
Participants with balances318
Active participants284
Employer contributions$945,288
Employee contributions$3,453,431
Employer contribution per active participant$3,328
Average account balance$285,630
Benefits paid to participants$16,720,441
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$90.8M · 318 accts · $945K emplr
2023$90.6M · 335 accts · $1.1M emplr
2022$78.8M · 345 accts · $1.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$63,626
Investment management$75,000
Trustee / custodial$15,420
Total administrative$155,634
The Allied Beverage Group, L.L.C. 401(k) match · 2024
Employer contribution per active participant$3,328
Median for plans this size$3,635
2024$3,328 per active participant
2023$3,727 per active participant
2022$3,511 per active participant

Allied Beverage Group, L.L.C.'s 2024 employer contribution ran below the $3,635 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 · 20243
SENTINEL BENEFITS GROUP, LLC · Recordkeeping$63,626
SENTINEL PENSION ADVISORS · Investment advisory (participants) · Investment advisory (plan)$75,000
FIDELITY INVESTMENTS · Custodial (securities) · Trustee$17,008

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

Recordkeeper by year2
2024Sentinel Group
2023Sentinel Group

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Administrative cost history3
2024$155,634 · 0.17%
2023$144,410 · 0.17%
2022$148,668 · 0.17%
All plans at this employer2
ALLIED BEVERAGE GROUP, L.L.C. 401 (K) PLAN401(k)
ALLIED BEVERAGE GROUP LOCAL 2-D UNION RETIREMENT PLAN401(k)
Same employer
Similar plansWholesale Trade · New Jersey
Movado Group, Inc. NJ$112.4M · 0.22%
Turtle & Hughes, Inc. NJ$110.8M · 0.04%
William Grant & Sons Inc NJ$107.2M · 0.06%
Radwell International LLC NJ$88.1M · 0.27%
Donjon Marine Co., Inc. NJ$87.8M · 0.23%
Gellert Global Group NJ$85.3M · 0.70%

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Source: U.S. Department of Labor, Form 5500 series, EIN 223408559 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.