Plan Ledger DOL Form 5500 · updated monthly

Albert Corporation401(k)

ALBERT CORPORATION 401(K) PLAN · COVINA, CA · plan year 2024

Reported admin expense ratio · 2024
0.02%

Peer grade: A · admin costs + employer contributions vs same-size plans · how grading works

Albert Corporation reported $1,653 in plan administrative expenses for 2024: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $5,579 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio fell from 0.06% to 0.02%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in California (5,358th of 9,483), and 7,890th of 11,654 in professional & technical services. In 2024, employees put in $2.12 for every $1.00 the employer contributed; active participation has grown from 100 to 127 since 2022.

Plan summary
Net assets, end of year$10,343,292
Participants with balances177
Active participants127
Employer contributions$708,524
Employee contributions$1,499,015
Employer contribution per active participant$5,579
Average account balance$58,437
Benefits paid to participants$414,239
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$10.3M · 177 accts · $709K emplr
2023$7.0M · 166 accts · $552K emplr
2022$4.3M · 143 accts · $594K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,653
Total administrative$1,653
The Albert Corporation 401(k) match · 2024
Employer contribution per active participant$5,579
Median for plans this size$1,313
2024$5,579 per active participant
2023$4,639 per active participant
2022$5,945 per active participant

Albert Corporation's 2024 employer contribution ran above the $1,313 median for plans its size, placing it in the top quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20241
THE VANGUARD GROUP, INC. · Recordkeeping$1,653

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024Vanguard
2023Vanguard

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$1,653 · 0.02%
2023$1,220 · 0.02%
2022$2,358 · 0.06%
Same employer
Similar plansProfessional & Technical Services · California
Pulsepoint, Inc. CA$10.4M · 0.20%
Cybereason, Inc. CA$10.4M · 0.05%
Acelyrin, Inc. CA$10.4M · 0.17%
Security On-Demand, LLC CA$10.4M · 0.01%
H2O.AI, Inc. CA$10.3M · 0.63%
Medallia, Inc. CA$10.3M · 0.08%
Paragon Legal Group LLC CA$10.3M · 0.07%
Premise Data Corporation CA$10.2M · 0.30%

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Source: U.S. Department of Labor, Form 5500 series, EIN 475215705 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.