Allsup, LLC 401(k) Review & Grade
Allsup, LLC Retirement Savings Plan
Belleville, ILProfessional, Scientific & Technical Services512 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$1,357Employer $ per active participant
$4,273Employee $ saved per active participant
0.01%Direct admin cost, % of plan assets
$44.7MNet plan assets, end of year
$81,527Average balance per account
Score breakdown
- Employer generosity12.3 / 5025th percentile for employer $ per participant
- Low cost24.5 / 2598th percentile for low admin cost vs. same-size plans
- Employee saving3.3 / 1522th percentile for employee $ per participant
- Plan features3 / 10Default investment
- Red-flag deductions-10 pts1 issue reported on the filing
Total score33 / 100 · Grade D
This plan vs. peers
Peers: Professional, Scientific & Technical Services plans with 500–2,499 active participants (1,469 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 25th |
| Lower admin cost | 98th |
| Employee saving | 22th |
| Peers that auto-enroll | 48% |
Get the monthly 401(k) report card
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Red flags from the filing
Benefits not paid when due: the plan reported failing to pay some benefits on time.
What to do if you're in this plan
- Allsup put in about $1,357 per active participant, below the typical peer ($3,082). 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.
- 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 | $694,676 |
| Participant (employee) contributions | $2,187,784 |
| Other contributions (incl. rollovers in) | $43,916 |
| Administrative expenses paid from the plan | $3,808 |
| Investment advisory & management fees | $5,401 |
| Benefits paid out | $3,740,947 |
| Net assets, start / end of year | $40.6M / $44.7M |
| Active participants, start / end of year | 490 / 534 |
| Participants with account balances | 548 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Anders Minkler Huber and Helm LLP |
Largest service providers (Schedule C)
| Northwestern Mutual Investment | $5,401 reported compensation |
| Northwestern Mutual Wealth Mgmt Co | $0 reported compensation |
| Fidelity Investments Institutional | −$1,593 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251009165547NAL0006927905001, received 2025-10-09, EIN 82-2208506, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.