Plan Ledger DOL Form 5500 · updated monthly

Alexandria Industries401(k)

ALEXANDRIA INDUSTRIES 401(K) PLAN · ALEXANDRIA, MN · plan year 2024

Reported admin expense ratio · 2024
0.27%

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

Alexandria Industries reported $125,803 in plan administrative expenses for 2024: 0.27% of average plan assets, below the peer median. Employer contributions averaged $1,619 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 0.29% to 0.27%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 510th-largest of 1,918 plans among Minnesota employers on file, and the 3,260th of 13,661 in manufacturing. In 2024, employees put in $3.90 for every $1.00 the employer contributed; active participation has shrunk from 589 to 399 since 2022.

Plan summary
Net assets, end of year$47,817,671
Participants with balances474
Active participants399
Employer contributions$645,864
Employee contributions$2,521,086
Employer contribution per active participant$1,619
Average account balance$100,881
Benefits paid to participants$6,550,521
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$47.8M · 474 accts · $646K emplr
2023$45.8M · 539 accts · $733K emplr
2022$42.1M · 685 accts · $883K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$125,803
Total administrative$125,803
The Alexandria Industries 401(k) match · 2024
Employer contribution per active participant$1,619
Median for plans this size$2,416
2024$1,619 per active participant
2023$1,776 per active participant
2022$1,500 per active participant

Alexandria Industries's 2024 employer contribution ran below the $2,416 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$125,803
MMA SECURITES LLC · Investment advisory (plan)indirect comp
MORNINGSTAR INVESTMENT MANAGEMENT L · Investment advisory (participants)indirect comp

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

Administrative cost history3
2024$125,803 · 0.27%
2023$137,152 · 0.31%
2022$133,859 · 0.29%
Same employer
Similar plansManufacturing · Minnesota
Skyline Displays, LLC MN$52.8M · 0.22%
Smyth Companies, LLC MN$51.0M · 0.25%
La Costena USA MN$50.2M · 0.39%
Crenlo Cab Products MN$46.8M · 0.23%
Bellisio Foods, Inc. MN$46.7M · 0.26%

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Source: U.S. Department of Labor, Form 5500 series, EIN 410946084 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.