Plan Ledger DOL Form 5500 · updated monthly

Alternatives in Psychological401(k)

ALTERNATIVES IN PSYCHOLOGICAL 401 K PROFIT SHARING PLAN AND TRUST · MILWAUKEE, WI · plan year 2024

Reported admin expense ratio · 2024
0.29%

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

Alternatives in Psychological reported $15,260 in plan administrative expenses for 2024: 0.29% of average plan assets, below the peer median. Employer contributions averaged $827 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 0.15% to 0.29%. 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 Wisconsin (1,570th of 1,936), and 7,548th of 11,911 in health care & social assistance. In 2024, employees put in $4.19 for every $1.00 the employer contributed; active participation has shrunk from 133 to 112 since 2022.

Plan summary
Net assets, end of year$5,656,205
Participants with balances144
Active participants112
Employer contributions$92,617
Employee contributions$388,236
Employer contribution per active participant$827
Average account balance$39,279
Benefits paid to participants$425,299
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$5.7M · 144 accts · $93K emplr
2023$5.0M · 158 accts · $91K emplr
2022$3.9M · 162 accts · $315K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$4,844
Investment management$10,416
Total administrative$15,260
The Alternatives in Psychological 401(k) match · 2024
Employer contribution per active participant$827
Median for plans this size$1,313
2024$827 per active participant
2023$737 per active participant
2022$2,365 per active participant

Alternatives in Psychological's 2024 employer contribution ran below the $1,313 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
ALERUS FINANCIAL, N.A. · Recordkeeping · Trustee$15,360

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

Recordkeeper by year2
2024Alerus
2023Alerus

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

Administrative cost history3
2024$15,260 · 0.29%
2023$4,306 · 0.10%
2022$6,314 · 0.15%
Similar plansHealth Care & Social Assistance · Wisconsin
Miravida Living, Inc. WI$5.8M · 0.05%
Orc Industries, Inc. WI$5.7M · 0.02%
Valley Eye Associates WI$5.6M · 0.79%

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Source: U.S. Department of Labor, Form 5500 series, EIN 391850832 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.