Alliance Laundry Systems, LLC 401(k) Review & Grade
Alliance Laundry Systems Capital Appreciation Plan
Ripon, WIManufacturing2,428 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$3,609Employer $ per active participant
$5,122Employee $ saved per active participant
0.09%Direct admin cost, % of plan assets
$204.0MNet plan assets, end of year
$59,855Average balance per account
Score breakdown
- Employer generosity35.1 / 5070th percentile for employer $ per participant
- Low cost19.0 / 2576th percentile for low admin cost vs. same-size plans
- Employee saving8.0 / 1553th percentile for employee $ per participant
- Plan features7 / 10Auto-enrollment
Total score69 / 100 · Grade B
This plan vs. peers
Peers: Manufacturing plans with 500–2,499 active participants (2,376 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 70th |
| Lower admin cost | 76th |
| Employee saving | 53th |
| 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 Laundry Systems put in about $3,609 per active participant, more than the typical peer ($2,320). 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 | $8,762,933 |
| Participant (employee) contributions | $12,437,387 |
| Other contributions (incl. rollovers in) | $1,719,958 |
| Administrative expenses paid from the plan | $176,502 |
| Investment advisory & management fees | $58,125 |
| Other admin expenses | $36,807 |
| Benefits paid out | $23,307,432 |
| Net assets, start / end of year | $177.7M / $204.0M |
| Active participants, start / end of year | 2,199 / 2,657 |
| Participants with account balances | 3,408 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Cliftonlarsonallen LLP |
Largest service providers (Schedule C)
| Fidelity Investments | $67,908 reported compensation |
| Strategic Advisors, Inc. | $58,125 reported compensation |
| Fiducient Advisors LLC | $37,500 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251014100508NAL0002577329001, received 2025-10-14, EIN 39-1927923, plan #003, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.