Plan Ledger DOL Form 5500 · updated monthly

Alternative Services, Inc.403(b)

ALTERNATIVE SERVICES, INC. 403(B) PLAN · LIVONIA, MI · plan year 2024

Reported admin expense ratio · 2024
0.82%

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

Alternative Services, Inc. reported $45,909 in plan administrative expenses for 2024: 0.82% of average plan assets, above the peer median. Employer contributions averaged $526 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 7 years on file its reported administrative ratio rose from 0.03% to 0.82%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Michigan (1,913th of 2,619), and 7,413th of 11,911 in health care & social assistance. In 2024, the employer put in $1.31 for every $1.00 employees contributed themselves; active participation has shrunk from 551 to 333 since 2017.

Plan summary
Net assets, end of year$5,900,371
Participants with balances235
Active participants333
Employer contributions$175,000
Employee contributions$133,871
Employer contribution per active participant$526
Average account balance$25,108
Benefits paid to participants$270,599
Plan auditUnmodified (clean) audit opinion
Plan history8
Yearassets · accounts · employer contribution
2024$5.9M · 235 accts · $175K emplr
2023$5.3M · 230 accts · $278K emplr
2022$4.3M · 231 accts
2021$5.3M · 358 accts · $175K emplr
2020$4.4M · 365 accts · $175K emplr
2019$4.2M · 374 accts · $185K emplr
2018$3.4M · 336 accts · $184K emplr
2017$3.4M · 287 accts · $161K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$29,226
Investment management$14,520
Trustee / custodial$1,588
Total administrative$45,909
Employer contributions to the Alternative Services, Inc. plan · 2024
Employer contribution per active participant$526
Median for plans this size$1,313
2024$526 per active participant
2023$653 per active participant
2021$499 per active participant
2020$465 per active participant
2019$378 per active participant

Alternative Services, Inc.'s 2024 employer contribution ran below the $1,313 median for plans its size, in the bottom 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
SENTINEL BENEFITS GROUP, INC. · Recordkeeping$29,226
SENTINEL PENSION ADVISORS · Investment advisory (plan)$14,520

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

Recordkeeper by year2
2024Sentinel Group
2023Sentinel Group

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history8
2024$45,909 · 0.82%
2023$36,084 · 0.75%
2022$21,886 · 0.46%
2021$22,829 · 0.47%
2020$23,059 · 0.54%
2019$4,907 · 0.13%
2018$1,155 · 0.03%
2017$575 · 0.03%
Same employer
Similar plansHealth Care & Social Assistance · Michigan
Baruch Sls MI$5.9M · 0.66%
Strata Oncology, Inc. MI$5.7M · 0.08%

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Source: U.S. Department of Labor, Form 5500 series, EIN 382225929 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.