Plan Ledger DOL Form 5500 · updated monthly

Alvis, Inc.401(k)

ALVIS, INC. 401(K) PROFIT SHARING PLAN · COLUMBUS, OH · plan year 2024

Reported admin expense ratio · 2024
1.27%

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

Alvis, Inc. reported $75,632 in plan administrative expenses for 2024: 1.27% of average plan assets, higher than ~90% of peers. Employer contributions averaged $738 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 1.21% to 1.27%. 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 Ohio (2,399th of 3,295), and 7,276th of 11,911 in health care & social assistance. In 2024, employees put in $1.88 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$6,150,833
Participants with balances268
Active participants386
Employer contributions$284,873
Employee contributions$534,822
Employer contribution per active participant$738
Average account balance$22,951
Benefits paid to participants$978,525
Plan auditUnmodified (clean) audit opinion
AuditorBRADY WARE & COMPANY
Plan history3
Yearassets · accounts · employer contribution
2024$6.2M · 268 accts · $285K emplr
2023$5.7M · 279 accts · $293K emplr
2022$5.0M · 299 accts · $330K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$75,632
Total administrative$75,632
The Alvis, Inc. 401(k) match · 2024
Employer contribution per active participant$738
Median for plans this size$1,313
2024$738 per active participant
2023$770 per active participant
2022$940 per active participant

Alvis, 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
BENEFITS ADMINISTRATORS, LLC · Recordkeeping$11,376
STADION MONEY MANAGEMENT · Investment advisory (participants)$26,285
LPL FINANCIAL · Investment advisory (plan)$20,553
LINCOLN NATIONAL CORPORATION · Contract administrator$17,418

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

Recordkeeper by year2
2024BENEFITS ADMINISTRATORS, LLC
2023BENEFITS ADMINISTRATORS, LLC

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

Administrative cost history3
2024$75,632 · 1.27%
2023$65,862 · 1.23%
2022$64,251 · 1.21%
Same employer
Similar plansHealth Care & Social Assistance · Ohio
PLC Employee II LLC. OH$6.3M · 0.73%
Gentlebrook OH$6.2M · 0.06%

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Source: U.S. Department of Labor, Form 5500 series, EIN 310743167 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.