Plan Ledger DOL Form 5500 · updated monthly

Alert Innovation Inc.401(k)

ALERT INNOVATION 401(K) PLAN · NORTH BILLERICA, MA · plan year 2022

Reported admin expense ratio · 2022
0.21%

Alert Innovation Inc. reported $24,407 in plan administrative expenses for 2022: 0.21% of average plan assets, below the peer median. 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 manufacturing employers. By assets it is among the smaller plans on file in Massachusetts (1,959th of 2,726), and 9,143rd of 13,661 in manufacturing. In 2022, employees put in $2.28 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$9,199,449
Participants with balances282
Active participants0
Employer contributions$1,747,866
Employee contributions$3,987,081
Employer contribution per active participant—
Average account balance$32,622
Benefits paid to participants$8,737,423
Plan auditUnmodified (clean) audit opinion
AuditorKATZ NANNIS AND SOLOMON P.C.
Plan history2
Yearassets · accounts · employer contribution
2023$0 · $6K emplr
2022$9.2M · 282 accts · $1.7M emplr
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$24,407 · 0.21%
Similar plansManufacturing · Massachusetts
Seurat Technologies Inc. MA$9.6M · 0.29%
Telco Systems Inc. MA$9.5M · 0.22%
Barbour Corporation MA$9.3M · 0.52%
Century Box, Inc MA$9.2M · 0.25%
Polymer Corporation MA$8.7M · 0.32%
Double E Company, LLC MA$8.6M · 0.21%

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Source: U.S. Department of Labor, Form 5500 series, EIN 464100388 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.