Plan Ledger DOL Form 5500 · updated monthly

Aluma-Weld, Inc. dba Xpress Boats401(k)

ALUMA-WELD, INC. 401(K) PROFIT SHARING PLAN AND TRUST · HOT SPRINGS, AR · plan year 2024

Reported admin expense ratio · 2024
0.30%

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

Aluma-Weld, Inc. dba Xpress Boats reported $41,054 in plan administrative expenses for 2024: 0.30% of average plan assets, above the peer median. Employer contributions averaged $1,663 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 3 years on file its reported administrative ratio has held roughly steady near 0.30%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 185th-largest of 456 plans among Arkansas employers on file, and 7,299th of 13,661 in manufacturing. In 2024, employees put in $1.64 for every $1.00 the employer contributed; active participation has shrunk from 327 to 278 since 2022.

Plan summary
Net assets, end of year$14,288,317
Participants with balances307
Active participants278
Employer contributions$462,187
Employee contributions$756,505
Employer contribution per active participant$1,663
Average account balance$46,542
Benefits paid to participants$1,362,518
Plan auditUnmodified (clean) audit opinion
AuditorRASCO WINTER THOMAS GROUP
Plan history3
Yearassets · accounts · employer contribution
2024$14.3M · 307 accts · $462K emplr
2023$13.2M · 331 accts · $460K emplr
2022$10.8M · 314 accts · $421K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$26,495
Investment management$14,559
Total administrative$41,054
The Aluma-Weld, Inc. dba Xpress Boats 401(k) match · 2024
Employer contribution per active participant$1,663
Median for plans this size$2,416
2024$1,663 per active participant
2023$1,538 per active participant
2022$1,288 per active participant

Aluma-Weld, Inc. dba Xpress Boats's 2024 employer contribution ran below the $2,416 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
PRIME CAPITAL INVESTMENT ADVISORS L · Investment advisory (plan)$14,559

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$41,054 · 0.30%
2023$35,464 · 0.30%
2022$29,606 · 0.29%
Same employer
Similar plansManufacturing · Arkansas
Welspun Tubular, LLC AR$16.4M · 0.68%
Brunner & Lay, Inc. AR$15.8M · 0.03%
Arkansas Steel Associates AR$14.7M · 0.20%
Roach Manufacturing Corp. AR$13.4M · 0.01%
Alliance Rubber Company AR$12.3M · 0.52%
Qp Holdings, LLC AR$11.7M · 0.69%
US Vanadium, LLC AR$11.1M · 0.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 710523960 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.