Plan Ledger DOL Form 5500 · updated monthly

Alom Technologies Corporation401(k)

ALOM TECHNOLOGIES CORPORATION 401(K) PROFIT SHARING PLAN & TRUST · FREMONT, CA · plan year 2024

Reported admin expense ratio · 2024
0.40%

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

Alom Technologies Corporation reported $64,000 in plan administrative expenses for 2024: 0.40% of average plan assets, above the peer median. Employer contributions averaged $3,075 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 0.44% to 0.40%. 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 3,992nd-largest of 9,483 plans among California employers on file, and the 6,475th of 13,661 in manufacturing. In 2024, employees put in $2.18 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$17,408,428
Participants with balances264
Active participants214
Employer contributions$658,144
Employee contributions$1,435,120
Employer contribution per active participant$3,075
Average account balance$65,941
Benefits paid to participants$1,838,835
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$17.4M · 264 accts · $658K emplr
2023$14.8M · 227 accts · $588K emplr
2022$11.9M · 202 accts · $542K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$30,144
Investment management$33,856
Total administrative$64,000
The Alom Technologies Corporation 401(k) match · 2024
Employer contribution per active participant$3,075
Median for plans this size$2,416
2024$3,075 per active participant
2023$2,123 per active participant
2022$2,287 per active participant

Alom Technologies Corporation'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 · 20242
GLOBAL RETIREMENT PARTNERS LLC · Investment advisory (plan)$32,690
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$30,144

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$64,000 · 0.40%
2023$55,313 · 0.41%
2022$54,910 · 0.44%
Same employer
Similar plansManufacturing · California
Dongalen Enterprises, Inc. CA$17.5M · 0.76%
Wilwood Engineering CA$17.5M · 0.05%
Voltage Multipliers, Inc. CA$17.4M · 0.04%
Nittobo America, Inc. CA$17.4M · 0.05%
Vertos Medical, Inc. CA$17.3M · 0.16%
Ventura Coastal, LLC. CA$17.3M · 0.43%
Exaktime Innovations, Inc. CA$17.3M · 0.73%

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Source: U.S. Department of Labor, Form 5500 series, EIN 943272595 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.