Plan Ledger DOL Form 5500 · updated monthly

American Lebanese Syrian Associated Charities, Inc. (Alsac)401(k)

AMERICAN LEBANESE SYRIAN ASSOCIATED CHARITIES, INC. EMPLOYEES RETIREMENT PLAN · MEMPHIS, TN · plan year 2024

Reported admin expense ratio · 2024
0.08%

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

American Lebanese Syrian Associated Charities, Inc. (Alsac) reported $228,184 in plan administrative expenses for 2024: 0.08% of average plan assets, above the peer median. Employer contributions averaged $7,184 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 0.01% to 0.08%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other other services employers. By assets it is the 74th-largest of 1,496 plans among Tennessee employers on file, and the 44th of 3,341 in other services. In 2024, employees put in $1.02 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$301,769,686
Participants with balances2,263
Active participants1,795
Employer contributions$12,895,497
Employee contributions$13,126,037
Employer contribution per active participant$7,184
Average account balance$133,349
Benefits paid to participants$17,786,816
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$301.8M · 2,263 accts · $12.9M emplr
2023$255.0M · 2,208 accts · $11.9M emplr
2022$206.2M · 2,236 accts · $10.8M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$228,184
Total administrative$228,184
The American Lebanese Syrian Associated Charities, Inc. (Alsac) 401(k) match · 2024
Employer contribution per active participant$7,184
Median for plans this size$4,294
2024$7,184 per active participant
2023$7,266 per active participant
2022$6,543 per active participant

American Lebanese Syrian Associated Charities, Inc. (Alsac)'s 2024 employer contribution ran above the $4,294 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 · 20241
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$227,074

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$228,184 · 0.08%
2023$161,646 · 0.07%
2022$20,445 · 0.01%
Same employer
Similar plansOther Services · Tennessee
Corecivic of Tennessee, LLC TN$507.7M · 0.19%
Ultra Electronics Inc. MA$305.1M · 0.12%
Hbg, Inc. PA$301.8M
National Futures Association IL$300.9M · 0.00%
Path WA$300.8M · 0.06%

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Source: U.S. Department of Labor, Form 5500 series, EIN 351044585 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.