Plan Ledger DOL Form 5500 · updated monthly

Allnex USA Inc.401(k)

ALLNEX USA INC. EMPLOYEES' SAVINGS PLAN · ALPHARETTA, GA · plan year 2024

Reported admin expense ratio · 2024
0.06%

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

Allnex USA Inc. reported $70,421 in plan administrative expenses for 2024: 0.06% of average plan assets, lower than ~75% of peers. Employer contributions averaged $8,664 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 $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other manufacturing employers. By assets it is the 234th-largest of 2,160 plans among Georgia employers on file, and the 1,562nd of 13,661 in manufacturing. In 2024, employees put in $1.12 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$130,711,926
Participants with balances652
Active participants556
Employer contributions$4,816,989
Employee contributions$5,412,105
Employer contribution per active participant$8,664
Average account balance$200,478
Benefits paid to participants$12,043,816
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$130.7M · 652 accts · $4.8M emplr
2023$114.9M · 623 accts · $3.6M emplr
2022$104.6M · 662 accts · $4.6M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$55,761
Investment management$14,660
Total administrative$70,421
The Allnex USA Inc. 401(k) match · 2024
Employer contribution per active participant$8,664
Median for plans this size$3,635
2024$8,664 per active participant
2023$6,794 per active participant
2022$8,215 per active participant

Allnex USA Inc.'s 2024 employer contribution ran above the $3,635 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 · 20242
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$55,860
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$14,660

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$70,421 · 0.06%
2023$46,399 · 0.04%
2022$88,082 · 0.08%
Same employer
Similar plansManufacturing · Georgia
Molnlycke Health Care US LLC GA$152.1M · 0.20%
Ykk Corporation of America GA$149.2M · 0.12%
Argos North America Corp. GA$142.6M · 0.11%
Arauco North America, Inc. GA$129.0M · 0.18%
Immucor, Inc. GA$128.7M · 0.02%
Engineered Floors, LLC GA$124.3M · 0.10%
Ds Smith North America GA$123.9M · 0.20%

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Source: U.S. Department of Labor, Form 5500 series, EIN 371705164 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.