Plan Ledger DOL Form 5500 · updated monthly

Allstate Sales Group Inc401(k)

ALLSTATE SALES GROUP INC 401(K) PLAN · HOLMDEL, NJ · plan year 2024

Reported admin expense ratio · 2024
1.23%

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

Allstate Sales Group Inc reported $137,602 in plan administrative expenses for 2024: 1.23% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,690 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 1.15% to 1.23%. 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 among the smaller plans on file in New Jersey (1,365th of 2,419), and 7,211th of 11,654 in professional & technical services. In 2024, employees put in $1.45 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$12,599,921
Participants with balances664
Active participants746
Employer contributions$1,260,542
Employee contributions$1,830,754
Employer contribution per active participant$1,690
Average account balance$18,976
Benefits paid to participants$1,936,758
Plan auditUnmodified (clean) audit opinion
AuditorWITHUMSMITHBROWN PC
Plan history3
Yearassets · accounts · employer contribution
2024$12.6M · 664 accts · $1.3M emplr
2023$9.9M · 724 accts · $939K emplr
2022$6.9M · 649 accts · $771K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$110,276
Investment management$27,326
Total administrative$137,602
The Allstate Sales Group Inc 401(k) match · 2024
Employer contribution per active participant$1,690
Median for plans this size$2,416
2024$1,690 per active participant
2023$1,118 per active participant
2022$1,064 per active participant

Allstate Sales Group Inc'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 · 20245
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$80,475
ORENDA RETIREMENT, LLC · Contract administrator · Other services$29,802
WELLS FARGO CLEARING SERVICES LLC · Investment advisory (plan)$27,326
WILSHIRE ADVISORS LLC · Investment advisory (plan)indirect comp
WILSHIRE ADVISORS LLC · 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$137,602 · 1.23%
2023$110,329 · 1.32%
2022$73,503 · 1.15%
Similar plansProfessional & Technical Services · New Jersey
Marlabs, Inc NJ$13.0M · 0.46%
Kashiv Biosciences, LLC NJ$12.9M · 0.69%
P-Value Communications NJ$12.5M · 0.45%
Miles IT Company NJ$12.3M · 0.22%
Giir America Inc. NJ$12.2M · 0.05%
Niksun, Inc. NJ$12.1M · 0.00%

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Source: U.S. Department of Labor, Form 5500 series, EIN 270265043 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.