Plan Ledger DOL Form 5500 · updated monthly

Almon, Inc.401(k)

ALMON, INC. 401(K) PLAN · WAUKESHA, WI · plan year 2024

Reported admin expense ratio · 2024
0.55%

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

Almon, Inc. reported $71,739 in plan administrative expenses for 2024: 0.55% of average plan assets, higher than ~75% of peers. Employer contributions averaged $587 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 0.51% to 0.55%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other information & media employers. By assets it is among the smaller plans on file in Wisconsin (1,122nd of 1,936), and 1,299th of 2,199 in information & media. In 2024, employees put in $6.10 for every $1.00 the employer contributed; active participation has shrunk from 141 to 123 since 2022.

Plan summary
Net assets, end of year$13,375,295
Participants with balances149
Active participants123
Employer contributions$72,147
Employee contributions$439,845
Employer contribution per active participant$587
Average account balance$89,767
Benefits paid to participants$1,541,882
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$13.4M · 149 accts · $72K emplr
2023$12.9M · 167 accts · $75K emplr
2022$11.9M · 183 accts · $73K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$71,739
Total administrative$71,739
The Almon, Inc. 401(k) match · 2024
Employer contribution per active participant$587
Median for plans this size$2,416
2024$587 per active participant
2023$625 per active participant
2022$518 per active participant

Almon, Inc.'s 2024 employer contribution ran below the $2,416 median for plans its size, in the bottom 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
JOHN HANCOCK LIFE INSURANCE · Recordkeeping$65,026
PPG RETIREMENT PLAN SERVICES · Recordkeeping · Loan processing$6,713

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

Recordkeeper by year2
2024John Hancock, PPG RETIREMENT PLAN SERVICES
2023John Hancock

This plan has changed recordkeepers within these filings. If you left Almon, Inc. before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$71,739 · 0.55%
2023$66,360 · 0.53%
2022$71,824 · 0.51%
Similar plansInformation & Media · Wisconsin
Royle Printing Company WI$18.0M · 0.37%
Kalmbach Media Co. WI$16.0M · 0.26%
Whitelight Group Inc. WI$13.9M · 0.44%
Ennvee Technogroup, Inc. WI$13.1M · 0.39%
Best Version Media, LLC WI$12.9M · 0.70%
Merit Cro, Inc. WI$8.4M · 0.50%
Mid-West Management, Inc. WI$4.0M · 0.60%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 391402341 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.