Plan Ledger DOL Form 5500 · updated monthly

Alpha Video and Audio, Inc.401(k)

ALPHA SAVINGS PLAN · EDEN PRAIRIE, MN · plan year 2024

Reported admin expense ratio · 2024
0.01%

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

Alpha Video and Audio, Inc. reported $1,575 in plan administrative expenses for 2024: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $4,313 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 0.11% to 0.01%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other wholesale trade employers. By assets it is among the smaller plans on file in Minnesota (1,185th of 1,918), and 2,635th of 4,246 in wholesale trade. In 2024, employees put in $1.87 for every $1.00 the employer contributed; active participation has grown from 81 to 111 since 2022.

Plan summary
Net assets, end of year$12,305,432
Participants with balances154
Active participants111
Employer contributions$478,777
Employee contributions$896,181
Employer contribution per active participant$4,313
Average account balance$79,905
Benefits paid to participants$748,405
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$12.3M · 154 accts · $479K emplr
2023$9.9M · 132 accts · $214K emplr
2022$7.7M · 121 accts · $140K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,575
Total administrative$1,575
The Alpha Video and Audio, Inc. 401(k) match · 2024
Employer contribution per active participant$4,313
Median for plans this size$2,416
2024$4,313 per active participant
2023$2,233 per active participant
2022$1,729 per active participant

Alpha Video and Audio, Inc.'s 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top 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
STANCORP FINANCIAL GROUP · Claims processing · Recordkeeping$55,269

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

Recordkeeper by year2
2024The Standard
2023Securian

This plan has changed recordkeepers within these filings. If you left Alpha Video and Audio, Inc. 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$1,575 · 0.01%
2023$2,517 · 0.03%
2022$8,726 · 0.11%
Similar plansWholesale Trade · Minnesota
Heartland Agriculture, LLC MN$14.9M · 0.44%
Kaye Corporation MN$14.6M · 0.27%
Olympia Tile (USA), Inc. MN$13.1M · 0.21%
Dooley's Petroleum, Inc. MN$11.8M · 0.41%
Nextten Stauer, LLC MN$10.8M · 0.42%
The Prophet Corporation MN$10.7M · 0.58%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 410968937 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.