Plan Ledger DOL Form 5500 · updated monthly

Alternate Perspectives, Inc.401(k)

ALTERNATE PERSPECTIVES, INC. 401(K) PLAN & TRUST · LEESBURG, VA · plan year 2023

Reported admin expense ratio · 2023
0.33%

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

Alternate Perspectives, Inc. reported $7,600 in plan administrative expenses for 2023: 0.33% of average plan assets, below the peer median. Employer contributions averaged $6,338 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 0.19% to 0.66%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Virginia (2,050th of 2,266), and 10,763rd of 11,654 in professional & technical services. In 2023, the employer put in $2.76 for every $1.00 employees contributed themselves; active participation has shrunk from 64 to 55 since 2022.

Plan summary
Net assets, end of year$2,343,948
Participants with balances146
Active participants55
Employer contributions$348,577
Employee contributions$126,323
Employer contribution per active participant$6,338
Average account balance$16,054
Benefits paid to participants$693,100
Plan auditUnmodified (clean) audit opinion
AuditorAPRIO, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$2.2M · 83 accts · $80K emplr
2023$2.3M · 146 accts · $349K emplr
2022$2.2M · 111 accts · $183K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$7,600
Total administrative$7,600
The Alternate Perspectives, Inc. 401(k) match · 2023
Employer contribution per active participant$6,338
Median for plans this size$1,308
2024$2,423 per active participant
2023$6,338 per active participant
2022$2,857 per active participant

Alternate Perspectives, Inc.'s 2023 employer contribution ran above the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20231
RED OAK RETIREMENT · Contract administrator$7,600

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$14,838 · 0.66%
2023$7,600 · 0.33%
2022$4,650 · 0.19%
Similar plansProfessional & Technical Services · Virginia
Skyline Ultd Inc. VA$2.5M · 0.66%
Datawiz Corporation VA$2.3M · 0.49%
Bullish US LLC VA$2.3M · 1.16%
Techwish Group Inc. VA$2.3M · 0.92%

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Source: U.S. Department of Labor, Form 5500 series, EIN 201498294 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.