Plan Ledger DOL Form 5500 · updated monthly

The Allen Company, Inc.401(k)

THE ALLEN COMPANY, INC. 401(K) PROFIT SHARING RETIREMENT PLAN · LEXINGTON, KY · plan year 2024

Reported admin expense ratio · 2024
0.72%

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

The Allen Company, Inc. reported $124,431 in plan administrative expenses for 2024: 0.72% of average plan assets, higher than ~90% of peers. Employer contributions averaged $3,968 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 0.72%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other construction employers. By assets it is the 315th-largest of 871 plans among Kentucky employers on file, and the 2,159th of 5,337 in construction. In 2024, the employer put in $1.61 for every $1.00 employees contributed themselves; active participation has grown from 267 to 331 since 2022.

Plan summary
Net assets, end of year$18,239,624
Participants with balances350
Active participants331
Employer contributions$1,313,395
Employee contributions$815,178
Employer contribution per active participant$3,968
Average account balance$52,113
Benefits paid to participants$1,583,672
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$18.2M · 350 accts · $1.3M emplr
2023$16.1M · 340 accts · $1.6M emplr
2022$13.0M · 346 accts · $895K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$39,974
Investment management$84,457
Total administrative$124,431
The The Allen Company, Inc. 401(k) match · 2024
Employer contribution per active participant$3,968
Median for plans this size$2,416
2024$3,968 per active participant
2023$6,134 per active participant
2022$3,353 per active participant

The Allen Company, Inc.'s 2024 employer contribution ran above 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 · 20243
EMPOWER ADVISORY GROUP, LLC · Investment management$63,053
FIFTH THIRD BANK · Investment advisory (plan)$21,404

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$124,431 · 0.72%
2023$104,820 · 0.72%
2022$107,037 · 0.75%
Same employer
Similar plansConstruction · Kentucky
Scott and Murphy, Inc. KY$21.4M · 0.00%
Denham-Blythe Co., Inc. KY$21.3M · 0.47%
Charah, LLC KY$21.2M · 0.53%
The Wells Group, LLC KY$19.6M · 0.12%
Building Crafts, Inc. KY$17.9M · 0.57%
Buzick Construction, Inc. KY$17.1M · 0.63%
Kelley Construction, Inc KY$16.0M · 0.56%

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Source: U.S. Department of Labor, Form 5500 series, EIN 610116918 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.