Plan Ledger DOL Form 5500 · updated monthly

Alex and Ani, LLC401(k)

ALEX AND ANI, LLC 401(K) PLAN · CRANSTON, RI · plan year 2022

Reported admin expense ratio · 2022
0.68%

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

Alex and Ani, LLC reported $71,626 in plan administrative expenses for 2022: 0.68% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,583 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 1 year on file its reported administrative ratio rose from 0.68% to 0.74%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in Rhode Island (175th of 286), and 2,806th of 5,215 in retail trade. In 2022, employees put in $2.22 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$9,176,139
Participants with balances480
Active participants220
Employer contributions$348,335
Employee contributions$773,335
Employer contribution per active participant$1,583
Average account balance$19,117
Benefits paid to participants$1,543,881
Plan auditUnmodified (clean) audit opinion
AuditorCARON&BLETZER,PLLC
Plan history3
Yearassets · accounts · employer contribution
2024$0 · $47K emplr
2023$9.0M · 312 accts · $264K emplr
2022$9.2M · 480 accts · $348K emplr
Administrative expenses, itemized · 2022
Investment management$1,720
Total administrative$71,626
The Alex and Ani, LLC 401(k) match · 2022
Employer contribution per active participant$1,583
Median for plans this size$2,266
2023$4,551 per active participant
2022$1,583 per active participant

Alex and Ani, 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 history3
2024Not separately reported
2023$67,548 · 0.74%
2022$71,626 · 0.68%
Same employer
Similar plansRetail Trade · Rhode Island
Luxury Brand Holding, Inc. RI$21.3M · 0.03%
E & a Markets, Inc. RI$13.2M · 1.02%
Beltone New England RI$7.5M · 0.84%
Jake Kaplan's Limited RI$7.3M · 0.26%
Viti, Inc. RI$5.5M · 0.28%

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Source: U.S. Department of Labor, Form 5500 series, EIN 200358360 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.