A.l.m. Holding Company 401(k) Review & Grade
Security Retirement Plan
Onalaska, WIConstruction863 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$15,671Employer $ per active participant
$9,612Employee $ saved per active participant
0.02%Direct admin cost, % of plan assets
$327.5MNet plan assets, end of year
$304,121Average balance per account
Score breakdown
- Employer generosity49.5 / 5099th percentile for employer $ per participant
- Low cost23.9 / 2595th percentile for low admin cost vs. same-size plans
- Employee saving13.9 / 1593th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
- Red-flag deductions-3 pts1 issue reported on the filing
Total score94 / 100 · Grade A
This plan vs. peers
Peers: Construction plans with 500–2,499 active participants (498 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 99th |
| Lower admin cost | 95th |
| Employee saving | 93th |
| Peers that auto-enroll | 44% |
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Red flags from the filing
Corrective distributions: the plan refunded $105,479 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- A.l.m. Holding put in about $15,671 per active participant, more than the typical peer ($1,672). Contribute at least enough to collect the full match. Skipping it leaves part of your pay on the table.
- The filing shows total dollars, not the match formula. Ask HR for the Summary Plan Description so you know the exact match and vesting schedule.
- Fund expense ratios aren't in the filing. Look them up in your 404(a)(5) fee disclosure and favor low-cost index or target-date funds.
- The plan auto-enrolls employees. Check your default contribution rate. Defaults are often lower than what it takes to get the full match.
- Changing jobs? You can usually leave the money in the plan, move it to your new employer's plan, or roll it into an IRA. Don't cash out: you'd owe taxes and possibly a 10% penalty.
The raw numbers from the filing
| Employer contributions | $13,524,482 |
| Participant (employee) contributions | $8,295,074 |
| Other contributions (incl. rollovers in) | $903,442 |
| Administrative expenses paid from the plan | $61,232 |
| Contract administrator fees | $600 |
| Investment advisory & management fees | $20,979 |
| Benefits paid out | $31,337,773 |
| Net assets, start / end of year | $294.8M / $327.5M |
| Active participants, start / end of year | 860 / 866 |
| Participants with account balances | 1,077 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Hawkins Ash Cpas LLP |
Largest service providers (Schedule C)
| Fidelity Investments Institutional | $40,253 reported compensation |
| Strategic Advisors, Inc. | $20,979 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251008105735NAL0002939859001, received 2025-10-08, EIN 20-0520252, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.