Plan Ledger DOL Form 5500 · updated monthly

Aldevron, LLC401(k)

ALDEVRON RETIREMENT SAVINGS PLAN · FARGO, ND · plan year 2022

Reported admin expense ratio · 2022
0.57%

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

Aldevron, LLC reported $110,120 in plan administrative expenses for 2022: 0.57% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,669 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.

The plan sits in the $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 118th-largest of 279 plans among North Dakota employers on file, and the 3,693rd of 11,911 in health care & social assistance. In 2022, employees put in $2.95 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$20,060,384
Participants with balances945
Active participants895
Employer contributions$1,493,454
Employee contributions$4,399,485
Employer contribution per active participant$1,669
Average account balance$21,228
Benefits paid to participants$1,448,868
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$0
2022$20.1M · 945 accts · $1.5M emplr
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$110,120
Total administrative$110,120
The Aldevron, LLC 401(k) match · 2022
Employer contribution per active participant$1,669
Median for plans this size$2,266

Aldevron, LLC's 2022 employer contribution ran below the $2,266 median for plans its size. 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2
2023Not separately reported
2022$110,120 · 0.57%
Similar plansHealth Care & Social Assistance · North Dakota
Dakota Boys and Girls Ranch ND$23.1M · 0.01%
Dms Imaging Inc. ND$21.8M · 0.07%
Sanford Bismarck ND$20.0M · 0.07%
Development Homes, Inc. ND$14.5M · 0.50%

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Source: U.S. Department of Labor, Form 5500 series, EIN 450451327 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.