Plan Ledger DOL Form 5500 · updated monthly

Alpine Banks of Colorado401(k) + ESOP (KSOP)

ALPINE BANKS OF COLORADO EMPLOYEE STOCK OWNERSHIP PLAN AND 401(K) · GLENWOOD SPRINGS, CO · plan year 2024

Reported admin expense ratio · 2024
0.03%

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

Alpine Banks of Colorado reported $52,558 in plan administrative expenses for 2024: 0.03% of average plan assets, lower than ~75% of peers. Employer contributions averaged $5,986 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 0.02% to 0.03%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other finance & insurance employers. By assets it is the 99th-largest of 1,461 plans among Colorado employers on file, and the 700th of 4,798 in finance & insurance. In 2024, the employer put in $1.43 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$160,932,518
Participants with balances1,083
Active participants748
Employer contributions$4,477,578
Employee contributions$3,121,931
Employer contribution per active participant$5,986
Average account balance$148,599
Benefits paid to participants$14,115,352
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$160.9M · 1,083 accts · $4.5M emplr
2023$156.2M · 982 accts · $4.7M emplr
2022$159.0M · 997 accts · $4.3M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$52,558
Total administrative$52,558
The Alpine Banks of Colorado 401(k) match · 2024
Employer contribution per active participant$5,986
Median for plans this size$3,635
2024$5,986 per active participant
2023$6,959 per active participant
2022$5,661 per active participant

Alpine Banks of Colorado's 2024 employer contribution ran above the $3,635 median for plans its size. 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
NEWPORT GROUP · Contract administrator$48,718

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

Administrative cost history3
2024$52,558 · 0.03%
2023$45,981 · 0.03%
2022$38,209 · 0.02%
Same employer
Similar plansFinance & Insurance · Colorado
Putnam Investments, LLC CO$996.4M · 0.00%
Janus Capital Group Inc. CO$544.8M · 0.05%
Heartland Financial USA, Inc CO$318.2M · 0.05%
Ent Credit Union CO$183.0M · 0.07%
Mercer Advisors, Inc. CO$145.3M · 0.02%
Elevations Credit Union CO$78.2M · 0.11%

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Source: U.S. Department of Labor, Form 5500 series, EIN 840868818 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.