Department of Labor filing

ALTORFER INC.

ALTORFER RETIREMENT PLAN · For the plan year ended Dec 31, 2024

Public filing 2024 · received Aug 28, 2025Verified current terms Not available

Plan at a glance

How good does the filing look?

67filing comparison
out of 100

The filing looks somewhat better than typical peers on the measures we can compare. This is a filing comparison, not a complete benefits score.

$Employer support

$3,363

Reported employer contributions per active participant.

Higher than about 77% of comparable plans

#People in the filing

936

Active participants reported for 2024.

The filing does not say how many employees are currently contributing.

¢Visible plan-paid fees

$129 / participant

Reported administrative expense—not every fee an employee may pay.

Lower cost than about 44% of comparable plans

↗Investment performance

Not available

Plan assets changed 12.7%, but that includes contributions, withdrawals, and market movement.

Asset change is not investment performance.

What we still need to judge the benefit

Current match formula, vesting, eligibility, investment choices, fund expense ratios, and employee-level fees.

See missing terms ↓

Filing comparison · 202467out of 100 among similar-size plans in the same industry when enough peers exist

How this filing compares

Reported employer contributions77th percentileTypical peer $1,958 · based on 346 comparable plans

Lower reported administrative expense44th percentileTypical peer $114 · based on 343 comparable plans

This comparison uses historical filing figures. It does not compare current match formulas, vesting, investments, or employee fees.

The short version

What the latest filing tells us

For the plan year ended Dec 31, 2024, ALTORFER INC. reported $3,147,963 in employer contributions across the plan and 936 active participants. That works out to $3,363 per active participant. It is useful context, but it is not the current match formula and it does not show what any one employee received.

Participation proxy82%

Active participants divided by all end-of-year plan participants. This is not the company participation rate because the filing does not report every eligible employee.

Employer money trendDown 25.6%

Change in reported employer contribution per active participant across the filing history shown.

Expense trendNot enough history

Change in reported administrative expense per participant. Investment expenses may not be included.

Peer context67/100

A filing comparison among similar-size plans in the same industry when enough peers exist.

Where the public filing stops

Current match, vesting, eligibility, employee fees, and investment choices require a dated plan document. Until we have one, those details stay blank.

Latest financial record

Contributions, assets, and expenses

These figures are reported totals for the plan—not individual account balances or promises to any employee.

Employer contributions: $3,147,963
Participant contributions: $7,115,128
Other contributions: $1,013,428
Employer share of reported contributions: 30.7%
Beginning assets: $144,524,039
Ending assets: $162,822,292
Ending net assets: $162,822,292
Ending liabilities: $0
Total income: $34,052,272
Total expenses: $17,423,700
Administrative expenses: $137,064
Participant loans: $1,757,080

Three-year filing history

How the reported figures changed

Each chart uses its own scale and starts at zero. When the filing has no value, the chart says so rather than turning it into a zero.

Employer contributions reported per active participant

2022

$4,518

2023

$4,316

2024

$3,363

Plan-paid administrative expenses per participant

2022

2023

$104

2024

$129

Active participants

2022

833

2023

885

2024

936

Detailed filing history
Plan year	Per active participant	Active participants	Plan assets	Filing ID
2024	$3,363	936	162.8M	20250828164517NAL0005630195001
2023	$4,316	885	144.5M	20240914095534NAL0017877008001
2022	$4,518	833	118.4M	20230915144001NAL0024519521001

Changes in plan assets are not the same as investment performance. Each row uses the selected public filing for that year.

Plan operations

Details worth knowing

Participant loans as a share of plan assets: 1.1%
Independent accountant’s opinion: Unqualified opinion Code 1
Late participant contributions reported: Not stated in the filing
Public plan identifier: 420788540-004

Reported plan details

Identity and filing status

Plan type: Retirement plan
Employer arrangement: Single-employer plan
Plan effective date: Jan 1, 1966
Industry: Wholesale trade
Amended filing: No
Final filing for this plan: No
Short plan year: No
401(k) feature reported: Yes
Show DOL characteristic codes
2E2F2G2J2K2T3D

Reported service providers

Organizations named in the latest filing

The public dataset does not always identify a provider’s exact role. Compensation stays blank when it was not separately reported.

Provider	Plan year	Direct compensation	Indirect compensation
FIDELITY INVESTMENTS INSTITUTIONAL	2024	Not reported	unknown

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Current plan terms

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Filing ACK_ID20250828164517NAL0005630195001

Data sourceDOL Form 5500 bulk data ↗

Filing searchEFAST2 ↗