Plan Ledger DOL Form 5500 · updated monthly

Alpine Aviation, Inc.401(k)

ALPINE AVIATION, INC. 401(K) PLAN · PROVO, UT · plan year 2024

Reported admin expense ratio · 2024
0.56%

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

Alpine Aviation, Inc. reported $41,298 in plan administrative expenses for 2024: 0.56% of average plan assets, above the peer median. Employer contributions averaged $2,436 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 rose from 0.52% to 0.56%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other transportation & warehousing employers. By assets it is among the smaller plans on file in Utah (509th of 848), and the 1,284th of 2,677 in transportation & warehousing. In 2024, employees put in $1.78 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$8,101,256
Participants with balances466
Active participants266
Employer contributions$647,866
Employee contributions$1,152,395
Employer contribution per active participant$2,436
Average account balance$17,385
Benefits paid to participants$1,171,247
Plan auditUnmodified (clean) audit opinion
AuditorJONES SIMKINS LLC
Plan history3
Yearassets · accounts · employer contribution
2024$8.1M · 466 accts · $648K emplr
2023$6.5M · 448 accts · $560K emplr
2022$4.5M · 275 accts · $315K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$5,810
Investment management$35,488
Total administrative$41,298
The Alpine Aviation, Inc. 401(k) match · 2024
Employer contribution per active participant$2,436
Median for plans this size$1,313
2024$2,436 per active participant
2023$1,755 per active participant
2022$1,090 per active participant

Alpine Aviation, Inc.'s 2024 employer contribution ran above the $1,313 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 · 20242
PENSIONMARK FINANCIAL GROUP, LLC · Recordkeeping · Trustee$35,487
ADP, INC. · Loan processing · Recordkeeping$5,809

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, PENSIONMARK FINANCIAL GROUP, LLC
2023ADP, PENSIONMARK FINANCIAL GROUP, LLC

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Administrative cost history3
2024$41,298 · 0.56%
2023$30,432 · 0.55%
2022$23,456 · 0.52%
Same employer
Similar plansTransportation & Warehousing · Utah
Maxway Trucking, Inc. UT$13.1M · 0.73%
Pride Transport, Inc. UT$9.0M · 0.97%

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Source: U.S. Department of Labor, Form 5500 series, EIN 870310531 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.