Plan Ledger DOL Form 5500 · updated monthly

The Alliance for Positive Change401(k)

ALLIANCE FOR POSITIVE CHANGE RETIREMENT PLAN · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.10%

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

The Alliance for Positive Change reported $11,609 in plan administrative expenses for 2024: 0.10% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,806 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 fell from 0.85% to 0.10%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other other services employers. By assets it is among the smaller plans on file in New York (3,286th of 5,648), and the 1,467th of 3,341 in other services. In 2024, the employer put in $1.06 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$12,254,027
Participants with balances294
Active participants169
Employer contributions$474,148
Employee contributions$445,760
Employer contribution per active participant$2,806
Average account balance$41,680
Benefits paid to participants$558,145
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$12.3M · 294 accts · $474K emplr
2023$10.5M · 263 accts · $479K emplr
2022$9.2M · 252 accts · $459K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$11,609
Total administrative$11,609
The The Alliance for Positive Change 401(k) match · 2024
Employer contribution per active participant$2,806
Median for plans this size$2,416
2024$2,806 per active participant
2023$2,648 per active participant
2022$2,493 per active participant

The Alliance for Positive Change'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 · 20244
NATIONWIDE · Contract administrator · Custodial$42,440
ALTIGRO PENSION SERVICES, INC. · Plan administrator · Actuarial$14,131
PROACCOUNT$1,353
APW CAPITAL INC · Consulting · Insurance brokerindirect comp

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$11,609 · 0.10%
2023$10,369 · 0.11%
2022$73,567 · 0.85%
Same employer
Similar plansOther Services · New York
Make the Road New York NY$12.1M · 0.25%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 133562071 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.