Plan Ledger DOL Form 5500 · updated monthly

Alltech, Inc.401(k)

ALLTECH SAVINGS & RETIREMENT PLAN · NICHOLASVILLE, KY · plan year 2024

Reported admin expense ratio · 2024
0.10%

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

Alltech, Inc. reported $205,575 in plan administrative expenses for 2024: 0.10% of average plan assets, below the peer median. Employer contributions averaged $3,955 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 0.12% to 0.10%. 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 38th-largest of 871 plans among Kentucky employers on file, and the 1,132nd of 13,661 in manufacturing. In 2024, employees put in $1.79 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$208,327,706
Participants with balances1,626
Active participants1,376
Employer contributions$5,441,792
Employee contributions$9,720,652
Employer contribution per active participant$3,955
Average account balance$128,123
Benefits paid to participants$18,881,530
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$208.3M · 1,626 accts · $5.4M emplr
2023$187.2M · 1,622 accts · $5.7M emplr
2022$162.2M · 1,636 accts · $5.3M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$205,575
Total administrative$205,575
The Alltech, Inc. 401(k) match · 2024
Employer contribution per active participant$3,955
Median for plans this size$3,635
2024$3,955 per active participant
2023$4,220 per active participant
2022$3,916 per active participant

Alltech, Inc.'s 2024 employer contribution ran above the $3,635 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 · 20242
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$205,575
PRINCIPAL SECURITIES INC · Other servicesindirect 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$205,575 · 0.10%
2023$208,220 · 0.12%
2022$208,501 · 0.12%
Same employer
Similar plansManufacturing · Kentucky
Valvoline Inc. KY$318.8M · 0.20%
Vgp Holdings LLC KY$281.6M · 0.12%
Union Underwear Company, Inc KY$258.1M · 0.05%
Toyota Boshoku America, Inc. KY$233.1M · 0.17%
Steel Technologies LLC KY$190.6M · 0.17%
Mazak Corporation KY$180.6M · 0.17%
Sazerac Company, Inc. KY$166.6M · 0.16%

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Source: U.S. Department of Labor, Form 5500 series, EIN 610977517 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.