Alliance Mobile 401(k) Review & Grade
Alliance Mobile 401k Plan
Troy, MIInformation1,600 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$231Employer $ per active participant
$395Employee $ saved per active participant
0.15%Direct admin cost, % of plan assets
$4.4MNet plan assets, end of year
–Average balance per account (account count looks misreported)
Score breakdown
- Employer generosity5.2 / 5010th percentile for employer $ per participant
- Low cost15.8 / 2563th percentile for low admin cost vs. same-size plans
- Employee saving0.2 / 151th percentile for employee $ per participant
- Plan features7 / 10Auto-enrollment
Total score28 / 100 · Grade F
This plan vs. peers
Peers: Information plans with 500–2,499 active participants (310 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 10th |
| Lower admin cost | 63th |
| Employee saving | 1th |
| Peers that auto-enroll | 59% |
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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
- Alliance Mobile put in about $231 per active participant, below the typical peer ($2,829). Any match is still an instant return, so contribute enough to get all of it.
- 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 | $369,909 |
| Participant (employee) contributions | $631,719 |
| Other contributions (incl. rollovers in) | $356,613 |
| Administrative expenses paid from the plan | $5,600 |
| Contract administrator fees | $4,350 |
| Other admin expenses | $1,250 |
| Benefits paid out | $474,913 |
| Net assets, start / end of year | $3.1M / $4.4M |
| Active participants, start / end of year | 1,224 / 1,975 |
| Participants with account balances | 202 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Bober, Markey, Fedorovich and Co. |
Largest service providers (Schedule C)
| Voya Retirement Insurance & Annuity | $5,771 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251015125719NAL0004606833001, received 2025-10-15, EIN 86-3067775, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.