Plan Ledger DOL Form 5500 · updated monthly

Altl, Inc.401(k)

ALTL, INC. EMPLOYEES PROFIT SHARING PLAN & TRUST · HUDSONVILLE, MI · plan year 2024

Reported admin expense ratio · 2024
0.19%

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

Altl, Inc. reported $16,264 in plan administrative expenses for 2024: 0.19% of average plan assets, lower than ~75% of peers. Employer contributions averaged $841 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 0.19%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other transportation & warehousing employers. By assets it is among the smaller plans on file in Michigan (1,621st of 2,619), and the 1,235th of 2,677 in transportation & warehousing. In 2024, employees put in $4.70 for every $1.00 the employer contributed; active participation has grown from 97 to 108 since 2022.

Plan summary
Net assets, end of year$8,851,131
Participants with balances113
Active participants108
Employer contributions$90,809
Employee contributions$426,737
Employer contribution per active participant$841
Average account balance$78,329
Benefits paid to participants$998,657
Plan auditUnmodified (clean) audit opinion
AuditorBAKER HOLTZ
Plan history3
Yearassets · accounts · employer contribution
2024$8.9M · 113 accts · $91K emplr
2023$8.1M · 119 accts · $89K emplr
2022$7.2M · 122 accts · $79K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$12,137
Investment management$4,127
Total administrative$16,264
The Altl, Inc. 401(k) match · 2024
Employer contribution per active participant$841
Median for plans this size$1,313
2024$841 per active participant
2023$854 per active participant
2022$810 per active participant

Altl, Inc.'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 · 20244
ALTL, INC. · Contract administrator$14,875
EMPOWER ADVISORY GROUP, LLC · Investment management$252
WELLS FARGO CLEARING SERVICES LLCindirect comp

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$16,264 · 0.19%
2023$21,773 · 0.28%
2022$12,395 · 0.15%
Same employer
Similar plansTransportation & Warehousing · Michigan
Wheeler Trucking, Inc. MI$9.0M · 0.58%
Calgary Services, LLC MI$8.6M · 0.62%

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Source: U.S. Department of Labor, Form 5500 series, EIN 382123182 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.