Plan Ledger DOL Form 5500 · updated monthly

Align Precision Corp.401(k)

ALIGN PRECISION 401(K) PLAN · TEMPE, AZ · plan year 2024

Reported admin expense ratio · 2024
0.59%

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

Align Precision Corp. reported $284,105 in plan administrative expenses for 2024: 0.59% of average plan assets, higher than ~75% of peers. Employer contributions averaged $3,259 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 rose from 0.44% to 0.59%. 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 187th-largest of 1,285 plans among Arizona employers on file, and the 3,110th of 13,661 in manufacturing. In 2024, employees put in $1.68 for every $1.00 the employer contributed; active participation has shrunk from 991 to 872 since 2022.

Plan summary
Net assets, end of year$50,885,153
Participants with balances1,099
Active participants872
Employer contributions$2,841,958
Employee contributions$4,766,291
Employer contribution per active participant$3,259
Average account balance$46,301
Benefits paid to participants$7,328,893
Plan auditUnmodified (clean) audit opinion
AuditorCARABELL, LESLIE & COMPANY, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$50.9M · 1,099 accts · $2.8M emplr
2023$44.9M · 1,081 accts · $2.8M emplr
2022$35.7M · 1,106 accts · $2.5M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$245,105
Audit (IQPA)$39,000
Total administrative$284,105
The Align Precision Corp. 401(k) match · 2024
Employer contribution per active participant$3,259
Median for plans this size$2,416
2024$3,259 per active participant
2023$3,059 per active participant
2022$2,567 per active participant

Align Precision Corp.'s 2024 employer contribution ran above 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 · 20244
PRINCIPAL LIFE INSURANCE CO. · Contract administrator · Loan processing$252,795
CARABELL LESLIE & COMPANY, LLC · Accounting / audit$39,000
MICHIGAN BENEFIT CONSULTING, INC. · Contract administrator · Other services$31,390
NFP RETIREMENT INC, · Investment advisory (plan)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$284,105 · 0.59%
2023$185,053 · 0.46%
2022$153,019 · 0.44%
Same employer
Similar plansManufacturing · Arizona
Tsmc Arizona Corporation AZ$62.0M · 0.12%
Nikola Corporation AZ$58.1M · 0.02%
Modern Industries, Inc. AZ$51.1M · 0.07%
United Dairymen of Arizona AZ$49.2M · 0.26%
Sk Food Group, Inc. AZ$47.9M · 0.30%
Isagenix International LLC AZ$43.7M · 0.10%

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Source: U.S. Department of Labor, Form 5500 series, EIN 834029310 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.