Plan Ledger DOL Form 5500 · updated monthly

Aloha Workforce Management Solutions401(k)

ALOHA WMS RETIREMENT SAVINGS PLAN · LAS VEGAS, NV · plan year 2024

Reported admin expense ratio · 2024
0.74%

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

Aloha Workforce Management Solutions reported $81,098 in plan administrative expenses for 2024: 0.74% of average plan assets, higher than ~90% of peers. Employer contributions averaged $491 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 3 years on file its reported administrative ratio has held roughly steady near 0.74%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other administrative & support services employers. By assets it is the 178th-largest of 437 plans among Nevada employers on file, and the 905th of 2,534 in administrative & support services. In 2024, employees put in $2.97 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$11,912,789
Participants with balances317
Active participants532
Employer contributions$261,081
Employee contributions$776,344
Employer contribution per active participant$491
Average account balance$37,580
Benefits paid to participants$284,911
Plan auditUnmodified (clean) audit opinion
AuditorSKIBBIE CPA, INC.
Plan history3
Yearassets · accounts · employer contribution
2024$11.9M · 317 accts · $261K emplr
2023$10.1M · 242 accts · $200K emplr
2022$8.3M · 275 accts · $199K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$28,078
Investment management$31,485
Audit (IQPA)$17,993
Trustee / custodial$3,542
Total administrative$81,098
The Aloha Workforce Management Solutions 401(k) match · 2024
Employer contribution per active participant$491
Median for plans this size$2,416
2024$491 per active participant
2023$382 per active participant
2022$406 per active participant

Aloha Workforce Management Solutions's 2024 employer contribution ran below the $2,416 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 · 20245
AMERITAS LIFE INSURANCE CORP · Claims processing · Contract administrator$19,319
ALOHA WORKFORCE MANAGEMENT SOLUTION · Claims processing · Recordkeeping$8,789
RBF CAPITAL MANAGEMENT, INC. · Investment advisory (participants) · Investment advisory (plan)$31,485
SKIBBIE, CPA INC. · Accounting / audit$17,993
CHARLES SCHWAB BANK · Custodial (securities) · Securities brokerage$3,542

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

Recordkeeper by year2
2024ALOHA WORKFORCE MANAGEMENT SOLUTION, Ameritas
2023ALOHA WORKFORCE MANAGEMENT SOLUTION, Ameritas

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Administrative cost history3
2024$81,098 · 0.74%
2023$79,922 · 0.87%
2022$63,170 · 0.73%
Similar plansAdministrative & Support Services · Nevada
Acadia Management, Inc. NV$48.7M · 0.60%
Brady Companies, LLC NV$37.0M · 0.43%
Discount Dumpsters, LLC NV$7.9M · 0.63%
Rbr Management LLC NV$5.5M · 0.97%

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Source: U.S. Department of Labor, Form 5500 series, EIN 824839041 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.