Plan Ledger DOL Form 5500 · updated monthly

Alfasigma USA, Inc.401(k)

ALFASIGMA USA, INC. 401(K) PLAN · COVINGTON, LA · plan year 2023

Reported admin expense ratio · 2023
0.43%

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

Alfasigma USA, Inc. reported $133,372 in plan administrative expenses for 2023: 0.43% of average plan assets, above the peer median. Employer contributions averaged $4,579 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 0.42% to 0.39%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other wholesale trade employers. By assets it is the 179th-largest of 884 plans among Louisiana employers on file, and the 1,299th of 4,246 in wholesale trade. In 2023, employees put in $2.11 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$31,577,004
Participants with balances343
Active participants165
Employer contributions$755,573
Employee contributions$1,591,245
Employer contribution per active participant$4,579
Average account balance$92,061
Benefits paid to participants$5,936,182
Plan auditDisclaimer of opinion
Plan history3
Yearassets · accounts · employer contribution
2024$28.2M · 343 accts · $812K emplr
2023$31.6M · 343 accts · $756K emplr
2022$30.1M · 491 accts · $975K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$133,372
Total administrative$133,372
The Alfasigma USA, Inc. 401(k) match · 2023
Employer contribution per active participant$4,579
Median for plans this size$2,440
2024$4,539 per active participant
2023$4,579 per active participant
2022$5,570 per active participant

Alfasigma USA, Inc.'s 2023 employer contribution ran above the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20235
TRANSAMERICA RETIREMENT SOLUTIONS · Recordkeeping · Loan processing$89,354
FUTUREPLAN BY ASCENSUS · Recordkeeping · Loan processing$9,700
LEAFHOUSE FINANCIAL ADVISORS, LLC · Investment advisory (plan)$14,828
FOREST CAPITAL MANAGEMENT LLC · Investment advisory (plan)$3,555
AMERITAS INVESTMENT CORP. · Insurance broker · Insurance servicesindirect comp

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

Recordkeeper by year2
2024Ascensus, Transamerica
2023Ascensus, Transamerica

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

Administrative cost history3
2024$116,289 · 0.39%
2023$133,372 · 0.43%
2022$146,708 · 0.42%
Same employer
Similar plansWholesale Trade · Louisiana
Associated Grocers, Inc. LA$45.5M · 0.03%
Donovan Marine, Inc. LA$39.1M · 0.45%
Neill Corporation LA$34.5M · 0.78%
Sports South LA$33.9M · 0.20%
Lipseys, L.L.C. LA$29.1M · 0.11%

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Source: U.S. Department of Labor, Form 5500 series, EIN 462124512 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.