Plan Ledger DOL Form 5500 · updated monthly

Allied Systems Company401(k)

THE ALLIED SYSTEMS COMPANY 401(K) CASH OR DEFERRED SAVINGS PLAN · SHERWOOD, OR · plan year 2024

Reported admin expense ratio · 2024
0.32%

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

Allied Systems Company reported $42,722 in plan administrative expenses for 2024: 0.32% of average plan assets, above the peer median. Employer contributions averaged $918 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 fell from 0.43% to 0.32%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 446th-largest of 1,021 plans among Oregon employers on file, and 7,291st of 13,661 in manufacturing. In 2024, employees put in $3.17 for every $1.00 the employer contributed; active participation has grown from 203 to 242 since 2022.

Plan summary
Net assets, end of year$14,312,662
Participants with balances208
Active participants242
Employer contributions$222,070
Employee contributions$704,145
Employer contribution per active participant$918
Average account balance$68,811
Benefits paid to participants$768,372
Plan auditUnmodified (clean) audit opinion
AuditorMAGINNIS & CAREY LLP
Plan history3
Yearassets · accounts · employer contribution
2024$14.3M · 208 accts · $222K emplr
2023$12.2M · 213 accts · $161K emplr
2022$9.7M · 195 accts · $124K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$42,722
Total administrative$42,722
The Allied Systems Company 401(k) match · 2024
Employer contribution per active participant$918
Median for plans this size$2,416
2024$918 per active participant
2023$678 per active participant
2022$613 per active participant

Allied Systems Company's 2024 employer contribution ran below the $2,416 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
EMPOWER ANNUITY INSURANCE CO. OF AM · Investment management$42,722
PRIME PENSIONS NORTHWEST LLC · Other services$6,845

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$42,722 · 0.32%
2023$41,351 · 0.38%
2022$48,095 · 0.43%
Same employer
Similar plansManufacturing · Oregon
Emerging Acquisitions LLC OR$15.0M · 0.42%
Hooker Creek Companies, LLC OR$14.7M · 0.43%
Agility Robotics, Inc. OR$14.5M · 0.26%
Rears Mfg. Co., Inc. OR$12.9M · 0.08%
Forrest Paint Co. OR$12.1M · 0.46%
Davis Tool, Inc. OR$12.1M · 0.01%
Signature Graphics, Inc. OR$11.7M · 0.00%

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Source: U.S. Department of Labor, Form 5500 series, EIN 930656721 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.