Plan Ledger DOL Form 5500 · updated monthly

Alimak Group USA Inc.401(k)

ALIMAK GROUP USA 401(K) PROFIT SHARING PLAN · WEBSTER, TX · plan year 2024

Reported admin expense ratio · 2024
0.06%

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

Alimak Group USA Inc. reported $11,504 in plan administrative expenses for 2024: 0.06% of average plan assets, lower than ~75% of peers. Employer contributions averaged $4,669 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 0.08% to 0.06%. 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 1,990th-largest of 5,688 plans among Texas employers on file, and the 5,833rd of 13,661 in manufacturing. In 2024, employees put in $1.65 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$20,536,806
Participants with balances245
Active participants133
Employer contributions$621,016
Employee contributions$1,027,065
Employer contribution per active participant$4,669
Average account balance$83,824
Benefits paid to participants$2,005,073
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$20.5M · 245 accts · $621K emplr
2023$18.6M · 231 accts · $592K emplr
2022$18.1M · 218 accts · $554K emplr
Administrative expenses, itemized · 2024
Investment management$13,787
Total administrative$11,504
The Alimak Group USA Inc. 401(k) match · 2024
Employer contribution per active participant$4,669
Median for plans this size$2,416
2024$4,669 per active participant
2023$4,590 per active participant
2022$4,294 per active participant

Alimak Group USA Inc.'s 2024 employer contribution ran above the $2,416 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20244
EMPOWER ADVISORY GROUP, LLC · Investment management$13,718
WORLD INVESTMENT ADVISORS .00 LLC · Investment advisory (plan)$12,405
NOVA 401(K) ASSOCIATES · Contract administrator$9,810
ASSUREDPARTNERS CAPITAL INC · Investment advisory (plan)$6,733

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$11,504 · 0.06%
2023$18,211 · 0.10%
2022$17,118 · 0.08%
Same employer
Similar plansManufacturing · Texas
Inhance Technologies, LLC TX$20.8M · 0.38%
National Presort, LP TX$20.7M · 0.77%
Utex Industries, Inc. TX$20.7M · 0.42%
The Shaw Group, LLC TX$20.2M · 0.64%

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Source: U.S. Department of Labor, Form 5500 series, EIN 061242771 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.