All Erection & Crane Rental Corp. 401(k) Review & Grade
The All Companies 401(k) Plan
Cleveland, OHReal Estate & Rental632 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$3,351Employer $ per active participant
$6,307Employee $ saved per active participant
0.28%Direct admin cost, % of plan assets
$89.6MNet plan assets, end of year
$105,515Average balance per account
Score breakdown
- Employer generosity42.6 / 5085th percentile for employer $ per participant
- Low cost10.7 / 2543th percentile for low admin cost vs. same-size plans
- Employee saving11.8 / 1579th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
Total score75 / 100 · Grade A
This plan vs. peers
Peers: Real Estate & Rental plans with 500–2,499 active participants (291 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 85th |
| Lower admin cost | 43th |
| Employee saving | 79th |
| Peers that auto-enroll | 47% |
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Red flags from the filing
No red flags were reported on this filing's compliance questions.
What to do if you're in this plan
- All Erection & Crane Rental put in about $3,351 per active participant, more than the typical peer ($1,279). 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 | $2,118,131 |
| Participant (employee) contributions | $3,986,147 |
| Other contributions (incl. rollovers in) | $568,369 |
| Administrative expenses paid from the plan | $246,474 |
| Investment advisory & management fees | $172,689 |
| Benefits paid out | $14,757,236 |
| Net assets, start / end of year | $86.4M / $89.6M |
| Active participants, start / end of year | 644 / 620 |
| Participants with account balances | 849 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Cohen & Company, LTD. |
Largest service providers (Schedule C)
| Empower Advisory Group, LLC | $88,029 reported compensation |
| Enza Financial LLC | $84,264 reported compensation |
| Empower Annuity Insurance Company | $73,785 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251014053225NAL0003201376001, received 2025-10-14, EIN 34-0969232, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.