Plan Ledger DOL Form 5500 · updated monthly

Allied Irish Banks, P.L.C.401(k)

THE ALLIED IRISH BANK CAPITAL ACCUMULATION RETIREMENT PLAN AND TRUST · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.06%

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

Allied Irish Banks, P.L.C. reported $28,220 in plan administrative expenses for 2024: 0.06% of average plan assets, lower than ~75% of peers. Employer contributions averaged $30,317 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 management of companies employers. By assets it is the 1,338th-largest of 5,648 plans among New York employers on file, and the 274th of 786 in management of companies. In 2024, the employer put in $1.40 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$51,398,600
Participants with balances116
Active participants35
Employer contributions$1,061,094
Employee contributions$759,294
Employer contribution per active participant$30,317
Average account balance$443,091
Benefits paid to participants$3,246,656
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$51.4M · 116 accts · $1.1M emplr
2023$47.1M · 123 accts · $1.0M emplr
2022$41.8M · 125 accts · $967K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$28,220
Total administrative$28,220
The Allied Irish Banks, P.L.C. 401(k) match · 2024
Employer contribution per active participant$30,317
Median for plans this size$2,416
2024$30,317 per active participant
2023$28,247 per active participant
2022$26,873 per active participant

Allied Irish Banks, P.L.C.'s 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20241
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$28,220

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$28,220 · 0.06%
2023$29,124 · 0.07%
2022$15,344 · 0.03%
Similar plansManagement of Companies · New York
The Fort Miller Group, Inc. NY$81.4M · 0.11%
Prestige Services Corp. NY$78.6M · 0.03%
Rxr Realty LLC NY$52.7M · 0.20%
Mirobito Holdings, Inc. NY$50.4M · 0.24%
Rwece Clean Energy, Inc NY$50.3M · 0.03%
Fresh Direct Holdings, Inc. NY$45.6M · 0.92%

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Source: U.S. Department of Labor, Form 5500 series, EIN 132774656 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.