Plan Ledger DOL Form 5500 · updated monthly

Alpha Consulting LLC401(k)

ALPHA CONSULTING CORP. 401K PROFIT SHARING PLAN & TRUST · MORRISTOWN, NJ · plan year 2023

Reported admin expense ratio · 2023
0.63%

Alpha Consulting LLC reported $93,956 in plan administrative expenses for 2023: 0.63% of average plan assets, higher than ~90% of peers. 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 0.70% to 0.55%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other administrative & support services employers. By assets it is among the smaller plans on file in New Jersey (1,219th of 2,419), and the 746th of 2,534 in administrative & support services. active participation has shrunk from 451 to 222 since 2022.

Plan summary
Net assets, end of year$15,610,781
Participants with balances532
Active participants222
Employer contributions—
Employee contributions$2,465,384
Employer contribution per active participant—
Average account balance$29,344
Benefits paid to participants$3,290,856
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$10.9M · 291 accts
2023$15.6M · 532 accts
2022$14.1M · 682 accts · $1 emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$93,956
Total administrative$93,956
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 · 20238
RESOURCES INVESTMENT ADVISORS, INC. · Recordkeeping · Trustee$51,246
RESOURCES INVESTMENT ADVISORS, INC. · Recordkeeping · Trustee$51,246
ADP, INC. · Loan processing · Recordkeeping$29,709
ADP, INC. · Loan processing · Recordkeeping$29,709
WITHUM · Recordkeeping · Pension consulting$13,000
WITHUM · Recordkeeping · Pension consulting$13,000
ADP BROKER-DEALER · Other servicesindirect comp
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, John Hancock, RESOURCES INVESTMENT ADVISORS, INC.
2023ADP, RESOURCES INVESTMENT ADVISORS, INC., WITHUM

This plan has changed recordkeepers within these filings. If you left Alpha Consulting LLC before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$72,891 · 0.55%
2023$93,956 · 0.63%
2022$101,779 · 0.70%
Similar plansAdministrative & Support Services · New Jersey
Corporate Mailings Inc NJ$17.7M · 0.06%
Equiliem, Inc. NJ$17.2M · 0.05%
Freehold Cartage, Inc. NJ$17.0M · 0.07%
Atlas Data Systems, LLC NJ$15.1M · 0.61%
Cyberthink, Inc. NJ$15.0M · 0.07%
The Millennium Group, Inc. NJ$14.8M · 0.18%

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Source: U.S. Department of Labor, Form 5500 series, EIN 223312656 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.