Plan Ledger DOL Form 5500 · updated monthly

Allover Media, LLC401(k)

ALLOVER MEDIA 401(K) PLAN · PLYMOUTH, MN · plan year 2024

Reported admin expense ratio · 2024
1.01%

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

Allover Media, LLC reported $144,743 in plan administrative expenses for 2024: 1.01% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,549 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 1.14% to 1.01%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 913th-largest of 1,918 plans among Minnesota employers on file, and the 5,679th of 11,654 in professional & technical services. In 2024, employees put in $3.26 for every $1.00 the employer contributed; active participation has grown from 100 to 226 since 2022.

Plan summary
Net assets, end of year$19,354,809
Participants with balances174
Active participants226
Employer contributions$350,137
Employee contributions$1,141,741
Employer contribution per active participant$1,549
Average account balance$111,235
Benefits paid to participants$1,123,410
Plan auditUnmodified (clean) audit opinion
AuditorRSM US LLP
Plan history3
Yearassets · accounts · employer contribution
2024$19.4M · 174 accts · $350K emplr
2023$9.4M · 156 accts · $172K emplr
2022$4.1M · 116 accts · $95K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$144,743
Total administrative$144,743
The Allover Media, LLC 401(k) match · 2024
Employer contribution per active participant$1,549
Median for plans this size$2,416
2024$1,549 per active participant
2023$773 per active participant
2022$953 per active participant

Allover Media, LLC's 2024 employer contribution ran below the $2,416 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 · 20246
CAMBRIDGE INVESTMENT RESEARCH INC · Investment advisory (plan)$37,724
GRANT THORTON ADVISORS LLC · Accounting / audit$25,440
EMPOWER ADVISORY GROUP, LLC · Investment management$17,967
CBIZ BENEFITS & INS SERVICES INC. · Contract administratorindirect comp
CBIZ INVESTMENT ADVISORY SERVICES · Investment advisory (plan)indirect comp

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$144,743 · 1.01%
2023$39,605 · 0.59%
2022$50,798 · 1.14%
Similar plansProfessional & Technical Services · Minnesota
Tempworks Software, Inc. MN$20.3M · 0.32%
Broadhead Enterprises Inc. MN$19.0M · 0.40%
Concord, USA, LLC MN$18.9M · 0.96%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 010755936 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.