Plan Ledger DOL Form 5500 · updated monthly

Allied Workforce, Inc.401(k)

ALLIED EMPLOYER GROUP 401(K) RETIREMENT PLAN · ABILENE, TX · plan year 2024

Reported admin expense ratio · 2024
0.76%

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

Allied Workforce, Inc. reported $43,953 in plan administrative expenses for 2024: 0.76% of average plan assets, above the peer median. Employer contributions averaged $1,051 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 1.21% to 0.76%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Texas (3,750th of 5,688), and 9,271st of 11,654 in professional & technical services. In 2024, employees put in $2.29 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$6,310,944
Participants with balances232
Active participants251
Employer contributions$263,740
Employee contributions$603,868
Employer contribution per active participant$1,051
Average account balance$27,202
Benefits paid to participants$343,923
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$6.3M · 232 accts · $264K emplr
2023$5.3M · 235 accts · $215K emplr
2022$4.6M · 220 accts · $136K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$43,953
Total administrative$43,953
The Allied Workforce, Inc. 401(k) match · 2024
Employer contribution per active participant$1,051
Median for plans this size$1,313
2024$1,051 per active participant
2023$801 per active participant
2022$516 per active participant

Allied Workforce, Inc.'s 2024 employer contribution ran below the $1,313 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 · 20242
NATIONWIDE · Recordkeeping · Custodialindirect comp
MEEDER INVESTMENT MANAGEMENT · Investment advisory (participants) · Investment advisory (plan)$13,609

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

Recordkeeper by year2
2024Nationwide
2023Nationwide, PENSION PLANNING CONSULTANTS, INC.

This plan has changed recordkeepers within these filings. If you left Allied Workforce, Inc. before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$43,953 · 0.76%
2023$22,850 · 0.46%
2022$60,807 · 1.21%
Same employer
Similar plansProfessional & Technical Services · Texas
Team Air Express, Inc. TX$6.4M · 0.24%
Logical Innovations, Inc. TX$6.4M · 0.37%
Polunsky & Beitel, P.C. TX$6.4M · 0.85%
Flatland Holdings, Inc. TX$6.2M · 0.53%
Mercatalyst, Inc. TX$6.2M · 0.48%

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Source: U.S. Department of Labor, Form 5500 series, EIN 752133642 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.