Plan Ledger DOL Form 5500 · updated monthly

Alltech Beverage Division, LLC401(k)

ALLTECH BEVERAGE DIVISION, LLC 401(K) RETIREMENT PLAN · LEXINGTON, KY · plan year 2024

Reported admin expense ratio · 2024
0.98%

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

Alltech Beverage Division, LLC reported $66,691 in plan administrative expenses for 2024: 0.98% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,185 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 0.68% to 0.98%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other wholesale trade employers. By assets it is among the smaller plans on file in Kentucky (573rd of 871), and 3,386th of 4,246 in wholesale trade. In 2024, employees put in $2.30 for every $1.00 the employer contributed; active participation has shrunk from 106 to 64 since 2022.

Plan summary
Net assets, end of year$6,856,091
Participants with balances103
Active participants64
Employer contributions$139,849
Employee contributions$321,675
Employer contribution per active participant$2,185
Average account balance$66,564
Benefits paid to participants$1,116,342
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$6.9M · 103 accts · $140K emplr
2023$6.7M · 121 accts · $237K emplr
2022$5.7M · 129 accts · $312K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$39,571
Investment management$27,120
Total administrative$66,691
The Alltech Beverage Division, LLC 401(k) match · 2024
Employer contribution per active participant$2,185
Median for plans this size$1,313
2024$2,185 per active participant
2023$2,752 per active participant
2022$2,942 per active participant

Alltech Beverage Division, LLC's 2024 employer contribution ran above 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 · 20245
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$39,573
CAPFINANCIAL PARTNERS LL · Investment advisory (plan)$27,117
MARCUM BENEFIT GROUP · Investment management · Participant communication$16,749
CAPTRUST · Trustee (discretionary) · Investment advisory (participants)$6,829
PRINCIPAL SECURITIES INC · Other servicesindirect 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$66,691 · 0.98%
2023$39,887 · 0.64%
2022$42,037 · 0.68%
Same employer
Similar plansWholesale Trade · Kentucky
Ross Acquisition Co. KY$6.4M · 0.74%
Zotefoams Inc. KY$6.2M · 0.07%
Valor LLC KY$5.7M · 1.01%
Ki (USA) Corporation KY$5.4M · 0.14%

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Source: U.S. Department of Labor, Form 5500 series, EIN 273279222 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.