Plan Ledger DOL Form 5500 · updated monthly

Alpha Mortgage Corporation401(k)

ALPHA MORTGAGE CORPORATION 401(K) PROFIT SHARING PLAN · WILMINGTON, NC · plan year 2022

Reported admin expense ratio · 2022
0.68%

Alpha Mortgage Corporation reported $20,211 in plan administrative expenses for 2022: 0.68% of average plan assets, above the peer median. 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other finance & insurance employers. By assets it is among the smaller plans on file in North Carolina (1,671st of 2,005), and 4,598th of 4,798 in finance & insurance.

Plan summary
Net assets, end of year$2,866,460
Participants with balances61
Active participants100
Employer contributions—
Employee contributions$401,069
Employer contribution per active participant—
Average account balance$46,991
Benefits paid to participants$108,390
Plan auditUnmodified (clean) audit opinion
AuditorROSS LANE & COMPANY LLC
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$7,848
Professional / advisory$12,363
Total administrative$20,211
What these fees cost you

Annual cost at the plan's reported 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$20,211 · 0.68%
Similar plansFinance & Insurance · North Carolina
Poteat, Inc. NC$3.4M · 0.08%
Summit Credit Union NC$3.2M · 0.54%
Gil's Auto Sales AL$2.9M · 0.10%
Autopay Direct, Inc. CO$2.9M · 1.86%

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Source: U.S. Department of Labor, Form 5500 series, EIN 561579850 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.