Retirement plan

ALDERMAN'S RETIREMENT PLAN

Name: ALDERMAN HOLDING CORPORATION - ALDERMAN'S RETIREMENT PLAN (2024) Form 5500
Creator: ALDERMAN HOLDING CORPORATION
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ALDERMAN'S RETIREMENT PLAN, ALDERMAN HOLDING CORPORATION

ALDERMAN HOLDING CORPORATIONEIN 26-3940799Plan #001PY 2024

33 SEWARD ROAD - RUTLAND, VT 05701802-776-5000

Prospect flagsCorrective distributions

How to read this page

Total assets (EOY)

$12.5M

+9.6% from 2023

Total participants

107

+3.9% from 2023

Average account balance

$122,670

+9.6% from 2023

Annual return

14.11%

-4.28 pp from 2023

Benchmarks

See 9,334 peers

Peer group

Industry44 - Retail Trade

Plan typeDefined contribution

Participants25-99

Cohort9,334 peers

Snapshot2024

Free accounts unlock saves, downloads, and 3-year history.

Analytics

Total assets (EOY)

Plan-year ending balance

$12.51M

Not enough data

1 years with asset history on file

Average account balance

Total assets / participants with a balance (line 6g)

$123K

Not enough data

1 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

102

Not enough data

1 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

93.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$585K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$7K

Not enough data

1 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+14.11%

Not enough data

1 years with return on file

Admin fee / account holder

Total admin expenses / participants with a balance (line 6g)

$202

Not enough data

1 years with admin cost on file

Asset composition

Cash / stocks / bonds / mutual funds / real estate / loans over time

Not enough data

1 years with F_SCH_H allocation on file

Free accounts unlock saves, downloads, and 3-year history.

Service providers

Top 2 by compensation

Provider	Service type	Compensation
DANNIBLE & MCKEE, LLP10+ years Service code 10 · EIN 33-0996661 FINANCIAL PLAZA · SYRACUSE, NY 132022687	Accounting	$9,200
PLAN INTEGRITY PARTNERS, LLC2 years Service code 13 · EIN 88-4096467 50 LAKESIDE AVENUE · BURLINGTON, VT 05401	Contract Administrator	$5,520

Plan features & details

Pension benefit codes2E2J2S3D3H

Plan features

2E
Profit-sharing
Profit-sharing plan.
2J
Code section 401(k) feature
Cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan under which employees may elect to defer part of their compensation or receive these amounts in cash.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
3D
Pre-approved pension plan
A master prototype or volume submitter plan that is the subject of a favorable opinion or advisory letter from the IRS.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

1 tripped

ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$21K

$252 / participant

Recordkeeping$6K26.7%
Investment mgmt$5K24.2%
Other / not subdivided$10K49.0%

% of EOY assets

0.165%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: DANNIBLE & MCKEE, LLP
Auditor EIN: 330996661
Audit fees: $9,200
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$122,670

$71,215+72.3%

$93,696+30.9%

$80,935+51.6%

Participation rate

93.9%

60.4%+33.5pp

68.7%+25.2pp

67.7%+26.2pp

Annual return

14.11%

11.27%+2.8pp

133.74%-119.6pp

35.66%-21.6pp

Employer contribution / active EE

$2,439

$1,565+55.8%

$2,422+0.7%

$2,757-11.5%

Participant deferral / active EE

$4,691

$4,037+16.2%

$4,417+6.2%

$4,299+9.1%

Admin fee / account holder

$202

$6,958-97.1%

$8,287-97.6%

$6,924-97.1%

Provider

Service type

Compensation

DANNIBLE & MCKEE, LLP10+ years

Service code 10 · EIN 33-0996661

FINANCIAL PLAZA · SYRACUSE, NY 132022687

Accounting

$9,200

PLAN INTEGRITY PARTNERS, LLC2 years

Service code 13 · EIN 88-4096467

50 LAKESIDE AVENUE · BURLINGTON, VT 05401

Contract Administrator

$5,520

ALDERMAN'S RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ALDERMAN'S RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion