Plan Ledger DOL Form 5500 · updated monthly

Alternatives, Inc.401(k)

ALTERNATIVES, INC. 401(K) PLAN · BILLINGS, MT · plan year 2024

Reported admin expense ratio · 2024
0.41%

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

Alternatives, Inc. reported $20,580 in plan administrative expenses for 2024: 0.41% of average plan assets, below the peer median. Employer contributions averaged $1,624 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 fell from 0.74% to 0.41%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Montana (171st of 229), and 9,681st of 11,654 in professional & technical services. In 2024, employees put in $1.34 for every $1.00 the employer contributed; active participation has grown from 109 to 133 since 2022.

Plan summary
Net assets, end of year$5,311,238
Participants with balances157
Active participants133
Employer contributions$215,978
Employee contributions$288,973
Employer contribution per active participant$1,624
Average account balance$33,830
Benefits paid to participants$496,233
Plan auditUnmodified (clean) audit opinion
AuditorJCCS
Plan history3
Yearassets · accounts · employer contribution
2024$5.3M · 157 accts · $216K emplr
2023$4.8M · 142 accts · $223K emplr
2022$4.4M · 147 accts · $229K emplr
Administrative expenses, itemized · 2024
Investment management$20,580
Total administrative$20,580
The Alternatives, Inc. 401(k) match · 2024
Employer contribution per active participant$1,624
Median for plans this size$1,313
2024$1,624 per active participant
2023$1,922 per active participant
2022$2,099 per active participant

Alternatives, Inc.'s 2024 employer contribution ran above 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 · 20242
FIRST INTERSTATE WEALTH MANAGEMENT · Investment advisory (plan)$20,580

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$20,580 · 0.41%
2023$26,745 · 0.58%
2022$33,487 · 0.74%
Same employer
Similar plansProfessional & Technical Services · Montana
Xtant Medical Inc. MT$13.5M · 0.04%
Foundant Technologies MT$10.3M · 0.85%
Energy Laboratories, Inc. MT$8.6M · 0.51%
Wildfire Defense Systems MT$6.3M · 0.57%

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Source: U.S. Department of Labor, Form 5500 series, EIN 810382745 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.