Retirement plan

ALTER AGENTS 401(K) AND RETIREMENT PLAN

Name: ALTER AGENTS, INC. - ALTER AGENTS 401(K) AND RETIREMENT PLAN (2024) Form 5500
Creator: ALTER AGENTS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ALTER AGENTS 401(K) AND RETIREMENT PLAN, ALTER AGENTS, INC.

ALTER AGENTS, INC.EIN 27-1978136Plan #001PY 2024

2335 E COLORADO BLVD, STE 115 BOX 207 - PASADENA, CA 911076833213-612-0356alteragents.comLinkedIn11-50 employeesmarket research

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$1.6M

+8.2% from 2023

Total participants

-16.7% from 2023

Average account balance

$67,119

+30.7% from 2023

Annual return

11.31%

-8.50 pp from 2023

Benchmarks

See 144,237 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants<25

Cohort144,237 peers

Snapshot2024

See peer percentile detail. $4.99 for your first month.

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Analytics

Total assets (EOY)

Plan-year ending balance

$2.05M

Not enough data

1 years with asset history on file

Average account balance

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

$79K

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.

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.

118.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$270K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$12K

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

+14.81%

Not enough data

1 years with return on file

Admin fee / account holder

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

$3060

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

0 years with F_SCH_H allocation on file

See the 10-year trajectory. $4.99 for your first month.

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Service providers

Providers data not reported

Schedule C was not filed on this plan's most recent Form 5500, so no compensated service providers are available to display.

Plan features & details

Pension benefit codes2E2F2G2J2T3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
2F
ERISA section 404(c) plan
This plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
2G
Total participant-directed account plan
Participants have the opportunity to direct the investment of all of the assets allocated to their individual accounts regardless of whether 29 CFR 2550.404c-1 is intended to be met.
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.
2T
Default investment account
Total or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.
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.

Opportunity flags

1 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

Expense breakdown

Schedule H Part II

Admin total

$324K

$17062 / participant

Other / not subdivided$324K100.0%

% of EOY assets

20.125%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

No opinion code on file for this filing.

Auditor firm: (not reported)
Auditor EIN: -
Audit fees: (not subdivided)
Opinion code: -

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Metric

This plan

Peer set

Industry

Size

Avg account balance

$67,119

$159,901-58.0%

$146,958-54.3%

$145,922-54.0%

Participation rate

94.7%

84.0%+10.7pp

82.2%+12.6pp

80.3%+14.5pp

Annual return

11.31%

98.13%-86.8pp

418.34%-407.0pp

561.29%-550.0pp

Employer contribution / active EE

$5,166

$5,286-2.3%

$4,933+4.7%

$4,660+10.9%

Participant deferral / active EE

$9,093

$8,428+7.9%

$8,070+12.7%

$6,688+36.0%

Admin fee / account holder

$13,508

$15,044-10.2%

$12,998+3.9%

$13,397+0.8%

ALTER AGENTS 401(K) AND RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ALTER AGENTS 401(K) AND 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