Aldridge Group, LLC 401(k) Review & Grade
Aldridge Group, LLC 401(k) Retirement Plan
Libertyville, ILConstruction522 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$6,699Employer $ per active participant
$11,631Employee $ saved per active participant
0.20%Direct admin cost, % of plan assets
$116.8MNet plan assets, end of year
$186,949Average balance per account
Score breakdown
- Employer generosity46.6 / 5093th percentile for employer $ per participant
- Low cost13.6 / 2554th percentile for low admin cost vs. same-size plans
- Employee saving14.6 / 1597th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
- Red-flag deductions-3 pts1 issue reported on the filing
Total score82 / 100 · Grade A
This plan vs. peers
Peers: Construction plans with 500–2,499 active participants (498 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 93th |
| Lower admin cost | 54th |
| Employee saving | 97th |
| Peers that auto-enroll | 44% |
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Red flags from the filing
Corrective distributions: the plan refunded $10,402 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- Aldridge Group put in about $6,699 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 | $3,496,980 |
| Participant (employee) contributions | $6,071,214 |
| Other contributions (incl. rollovers in) | $853,595 |
| Administrative expenses paid from the plan | $216,487 |
| Investment advisory & management fees | $77,147 |
| Other admin expenses | $32,753 |
| Benefits paid out | $6,279,982 |
| Net assets, start / end of year | $98.1M / $116.8M |
| Active participants, start / end of year | 512 / 532 |
| Participants with account balances | 625 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Vanderbloemen Group LLC |
Largest service providers (Schedule C)
| Empower Annuity Insurance Company O | $106,586 reported compensation |
| RBC Capital Markets LLC | $77,147 reported compensation |
| The Vanderbloemen Group LLC | $23,900 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251007153045NAL0011897506001, received 2025-10-07, EIN 46-4566651, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.