Plan Ledger DOL Form 5500 · updated monthly

McAlpin Industries, Inc.401(k)

MCALPIN INDUSTRIES, INC. EMPLOYEES' SAVINGS AND PROFIT SHARING PLAN · ROCHESTER, NY · plan year 2024

Reported admin expense ratio · 2024
0.66%

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

McAlpin Industries, Inc. reported $83,719 in plan administrative expenses for 2024: 0.66% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,602 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 0.61% to 0.66%. 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 among the smaller plans on file in New York (3,130th of 5,648), and 7,519th of 13,661 in manufacturing. In 2024, employees put in $4.23 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$13,613,348
Participants with balances207
Active participants160
Employer contributions$256,297
Employee contributions$1,082,991
Employer contribution per active participant$1,602
Average account balance$65,765
Benefits paid to participants$977,903
Plan auditUnmodified (clean) audit opinion
AuditorDEJOY & CO. CPAS, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$13.6M · 207 accts · $256K emplr
2023$11.9M · 193 accts · $228K emplr
2022$12.7M · 213 accts · $268K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$58,415
Investment management$25,304
Total administrative$83,719
The McAlpin Industries, Inc. 401(k) match · 2024
Employer contribution per active participant$1,602
Median for plans this size$2,416
2024$1,602 per active participant
2023$1,703 per active participant
2022$1,719 per active participant

McAlpin Industries, Inc.'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
BURKE GROUP$58,415
ALESCO ADVISORS, LLC · Investment advisory (plan)$25,304

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$83,719 · 0.66%
2023$77,643 · 0.63%
2022$84,553 · 0.61%
Same employer
Similar plansManufacturing · New York
Ultrafabrics Inc NY$13.7M · 0.76%
Sovena USA, Inc. NY$13.7M · 0.48%
Vandemark Chemical Inc. NY$13.6M · 0.20%
B & B Lumber Company, Inc. NY$13.5M · 0.23%
Hebeler Holdings LLC NY$13.4M · 0.00%
Nordon Inc NY$13.4M

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Source: U.S. Department of Labor, Form 5500 series, EIN 160871790 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.