Plan Ledger DOL Form 5500 · updated monthly

Allyon, Inc.401(k)

ALLYON, INC. 401(K) PLAN · CHAMBLEE, GA · plan year 2024

Reported admin expense ratio · 2024
1.17%

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

Allyon, Inc. reported $31,780 in plan administrative expenses for 2024: 1.17% of average plan assets, higher than ~75% of peers. Employer contributions averaged $592 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 1.41% to 1.17%. 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 Georgia (1,828th of 2,160), and 10,545th of 11,654 in professional & technical services. In 2024, employees put in $6.87 for every $1.00 the employer contributed; active participation has shrunk from 135 to 120 since 2022.

Plan summary
Net assets, end of year$2,988,302
Participants with balances223
Active participants120
Employer contributions$71,017
Employee contributions$488,009
Employer contribution per active participant$592
Average account balance$13,400
Benefits paid to participants$286,211
Plan auditUnmodified (clean) audit opinion
AuditorPRACTICALL AUDIT SOLUTIONS PC
Plan history3
Yearassets · accounts · employer contribution
2024$3.0M · 223 accts · $71K emplr
2023$2.4M · 213 accts · $127K emplr
2022$1.7M · 180 accts · $202K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$29,354
Investment management$1,312
Total administrative$31,780
The Allyon, Inc. 401(k) match · 2024
Employer contribution per active participant$592
Median for plans this size$1,313
2024$592 per active participant
2023$1,041 per active participant
2022$1,494 per active participant

Allyon, Inc.'s 2024 employer contribution ran below the $1,313 median for plans its size, in the bottom quarter of its peers. 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 · 20241
ERISA PARTNERS, INC. · Recordkeeping · Consulting$29,354

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

Recordkeeper by year2
2024ERISA PARTNERS, INC.
2023ERISA PARTNERS, INC.

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

Administrative cost history3
2024$31,780 · 1.17%
2023$26,177 · 1.27%
2022$22,110 · 1.41%
Same employer
Similar plansProfessional & Technical Services · Georgia
Rwdc Industries, LLC GA$3.6M · 1.23%
Amr Resources, LLC GA$3.3M · 0.72%
Clark & Washington, PC GA$3.1M · 0.14%
Softpath System, LLC GA$2.5M · 0.10%
Milan Eye, LLC GA$2.4M · 0.98%

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Source: U.S. Department of Labor, Form 5500 series, EIN 264212408 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.