Plan Ledger DOL Form 5500 · updated monthly

Ally Building Solutions LLC401(k)

ALLY BUILDING SOLUTIONS LLC 401K PROFIT SHARING PLAN AND TRUST · ORLANDO, FL · plan year 2023

Reported admin expense ratio · 2023
0.19%

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

Ally Building Solutions LLC reported $8,507 in plan administrative expenses for 2023: 0.19% of average plan assets, below the peer median. Employer contributions averaged $1,580 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 1 year on file its reported administrative ratio rose from 0.16% to 0.19%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in Florida (2,448th of 3,644), and 3,943rd of 5,337 in construction. In 2023, employees put in $2.29 for every $1.00 the employer contributed; active participation has grown from 160 to 246 since 2022.

Plan summary
Net assets, end of year$5,212,757
Participants with balances267
Active participants246
Employer contributions$388,724
Employee contributions$889,150
Employer contribution per active participant$1,580
Average account balance$19,523
Benefits paid to participants$525,785
Plan auditUnmodified (clean) audit opinion
AuditorSAS ASSURANCE
Plan history3
Yearassets · accounts · employer contribution
2024$0 · $121K emplr
2023$5.2M · 267 accts · $389K emplr
2022$3.6M · 172 accts · $287K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$8,507
Total administrative$8,507
The Ally Building Solutions LLC 401(k) match · 2023
Employer contribution per active participant$1,580
Median for plans this size$1,308
2023$1,580 per active participant
2022$1,795 per active participant

Ally Building Solutions LLC's 2023 employer contribution ran above the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
ADP, INC. · Loan processing · Recordkeeping$8,256
ADP BROKER-DEALER · Other servicesindirect comp

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

Recordkeeper by year2
2024ADP
2023ADP

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024Not separately reported
2023$8,507 · 0.19%
2022$5,718 · 0.16%
Same employer
Similar plansConstruction · Florida
Edd Helms Group Inc. FL$5.1M · 0.48%

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Source: U.S. Department of Labor, Form 5500 series, EIN 463268118 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.