Plan Ledger DOL Form 5500 · updated monthly

Allied Solutions, LLC401(k)

ALLIED SOLUTIONS, LLC 401(K) PLAN · CARMEL, IN · plan year 2024

Reported admin expense ratio · 2024
0.07%

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

Allied Solutions, LLC reported $75,381 in plan administrative expenses for 2024: 0.07% of average plan assets, below the peer median. Employer contributions averaged $2,636 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 0.05% to 0.07%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other finance & insurance employers. By assets it is the 121st-largest of 1,562 plans among Indiana employers on file, and the 849th of 4,798 in finance & insurance. In 2024, employees put in $1.94 for every $1.00 the employer contributed; active participation has grown from 1,347 to 1,591 since 2022.

Plan summary
Net assets, end of year$123,214,946
Participants with balances1,748
Active participants1,591
Employer contributions$4,193,593
Employee contributions$8,128,469
Employer contribution per active participant$2,636
Average account balance$70,489
Benefits paid to participants$13,856,968
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$123.2M · 1,748 accts · $4.2M emplr
2023$106.7M · 1,843 accts · $3.6M emplr
2022$85.6M · 1,699 accts · $3.3M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$75,381
Total administrative$75,381
The Allied Solutions, LLC 401(k) match · 2024
Employer contribution per active participant$2,636
Median for plans this size$3,635
2024$2,636 per active participant
2023$2,481 per active participant
2022$2,414 per active participant

Allied Solutions, LLC'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 · 20241
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$66,603

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$75,381 · 0.07%
2023$30,947 · 0.03%
2022$45,945 · 0.05%
Same employer
Similar plansFinance & Insurance · Indiana
Centier Bank IN$256.4M · 0.02%
Group 1001 Resources LLC IN$172.3M · 0.04%
Everwise Credit Union IN$94.1M · 0.23%

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Source: U.S. Department of Labor, Form 5500 series, EIN 352125376 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.