Plan Ledger DOL Form 5500 · updated monthly

Alpha Operations, LLC401(k)

FAIRMONT SENIOR LIVING 401(K) PLAN · FAIRFIELD, IA · plan year 2024

Reported admin expense ratio · 2024
7.72%

Alpha Operations, LLC reported $26,116 in plan administrative expenses for 2024: 7.72% 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 1 year on file its reported administrative ratio rose from 5.67% to 7.72%. The plan sits in the under $1M size bracket, benchmarked here against 1,109 comparable plans and shown alongside other real estate & leasing employers. By assets it is among the smaller plans on file in Iowa (863rd of 878), and 2,040th of 2,096 in real estate & leasing.

Plan summary
Net assets, end of year$459,113
Participants with balances351
Active participants373
Employer contributions—
Employee contributions$256,376
Employer contribution per active participant—
Average account balance$1,308
Benefits paid to participants$59,692
Plan auditUnmodified (clean) audit opinion
AuditorPW PATNERS LLC
Plan history2
Yearassets · accounts · employer contribution
2024$459K · 351 accts
2023$218K · 351 accts · $2K emplr
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 · 20242
PRINCIPAL LIFE INSURNACE COMPANY · Contract administrator$22,226
WILSHIRE ADVISORS · Investment advisory (plan)indirect comp

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

Administrative cost history2
2024$26,116 · 7.72%
2023$12,345 · 5.67%
Similar plansReal Estate & Leasing · Iowa
Worley Warehousing, Inc. IA$13.7M · 0.32%
Showpay LLC NY$480K · 0.62%
Sky Dreams, LLC AL$476K · 1.87%

Why are you looking at this plan?

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Source: U.S. Department of Labor, Form 5500 series, EIN 881552886 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.