Plan Ledger DOL Form 5500 · updated monthly

Alticor Inc.401(k)

AMWAY RETIREMENT SAVINGS PLAN · ADA, MI · plan year 2024

Reported admin expense ratio · 2024
0.04%

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

Alticor Inc. reported $474,078 in plan administrative expenses for 2024: 0.04% of average plan assets, below the peer median. Employer contributions averaged $9,092 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 0.07% to 0.04%. The plan sits in the over $1B size bracket, benchmarked here against 1,229 comparable plans and shown alongside other manufacturing employers. By assets it is the 29th-largest of 2,619 plans among Michigan employers on file, and the 255th of 13,661 in manufacturing. In 2024, employees put in $1.11 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,305,974,993
Participants with balances4,772
Active participants3,259
Employer contributions$29,631,536
Employee contributions$32,954,348
Employer contribution per active participant$9,092
Average account balance$273,675
Benefits paid to participants$154,862,192
Plan auditUnmodified (clean) audit opinion
AuditorHUNGERFORD
Plan history3
Yearassets · accounts · employer contribution
2024$1.3B · 4,772 accts · $29.6M emplr
2023$1.2B · 4,836 accts · $34.8M emplr
2022$1.1B · 5,048 accts · $23.6M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$192,231
Investment management$281,847
Total administrative$474,078
The Alticor Inc. 401(k) match · 2024
Employer contribution per active participant$9,092
Median for plans this size$5,259
2024$9,092 per active participant
2023$10,277 per active participant
2022$7,125 per active participant

Alticor Inc.'s 2024 employer contribution ran above the $5,259 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
FIDELITY INV INST OPERATIONS CO · Loan processing · Recordkeeping$192,231
STRATEGIC ADVISORS, INC · Investment advisory (plan)$281,847

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

Recordkeeper by year2
2024Fidelity
2023Fidelity

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

Administrative cost history3
2024$474,078 · 0.04%
2023$421,029 · 0.04%
2022$919,841 · 0.07%
Same employer
Similar plansManufacturing · Michigan
Aptiv Corporation MI$1.6B · 0.03%
Steelcase, Inc. MI$1.5B · 0.05%
Millerknoll, Inc. MI$1.4B · 0.09%
Lear Corporation MI$1.2B · 0.10%
Perrigo Company MI$1.1B · 0.02%
Adient US LLC MI$950.8M · 0.10%

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Source: U.S. Department of Labor, Form 5500 series, EIN 381736584 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.