Plan Ledger DOL Form 5500 · updated monthly

Alpine Power Systems, Inc.401(k)

ALPINE POWER SYSTEMS, INC. EMPLOYEE 401(K) RETIREMENT PLAN · REDFORD, MI · plan year 2024

Reported admin expense ratio · 2024
0.01%

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

Alpine Power Systems, Inc. reported $2,600 in plan administrative expenses for 2024: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,326 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 0.006% to 0.013%. 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 the 982nd-largest of 2,619 plans among Michigan employers on file, and the 1,788th of 4,246 in wholesale trade. In 2024, employees put in $4.45 for every $1.00 the employer contributed; active participation has grown from 190 to 242 since 2022.

Plan summary
Net assets, end of year$21,511,886
Participants with balances266
Active participants242
Employer contributions$320,915
Employee contributions$1,426,692
Employer contribution per active participant$1,326
Average account balance$80,872
Benefits paid to participants$872,488
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$21.5M · 266 accts · $321K emplr
2023$19.7M · 234 accts · $270K emplr
2022$16.1M · 212 accts · $220K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$2,600
Total administrative$2,600
The Alpine Power Systems, Inc. 401(k) match · 2024
Employer contribution per active participant$1,326
Median for plans this size$2,416
2024$1,326 per active participant
2023$1,270 per active participant
2022$1,158 per active participant

Alpine Power Systems, Inc.'s 2024 employer contribution ran below the $2,416 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 · 20242
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$2,600
SIGMA FINANCIAL CORPindirect comp

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$2,600 · 0.01%
2023$3,484 · 0.02%
2022$1,025 · 0.01%
Similar plansWholesale Trade · Michigan
Heller Machine Tools, L.P. MI$23.7M · 0.15%
Young Supply Company MI$23.5M · 0.43%
Fka Distributing Co., LLC MI$21.7M · 0.35%
H & P Technologies, Inc. MI$21.4M · 0.34%
Mid-States Bolt & Screw Co. MI$20.8M · 0.61%
Terminal Supply Co. MI$20.5M · 0.05%
Rassini International, Inc. MI$20.0M · 0.69%

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Source: U.S. Department of Labor, Form 5500 series, EIN 381909799 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.