Plan Ledger DOL Form 5500 · updated monthly

Alpargatas USA, Inc.401(k)

ALPARGATAS USA 401(K) PLAN · VENICE, CA · plan year 2024

Reported admin expense ratio · 2024
0.08%

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

Alpargatas USA, Inc. reported $2,480 in plan administrative expenses for 2024: 0.08% of average plan assets, lower than ~75% of peers. Employer contributions averaged $3,982 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 0.06% to 0.08%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other wholesale trade employers. By assets it is among the smaller plans on file in California (7,627th of 9,483), and 3,875th of 4,246 in wholesale trade. In 2024, employees put in $1.02 for every $1.00 the employer contributed; active participation has shrunk from 96 to 53 since 2022.

Plan summary
Net assets, end of year$3,455,994
Participants with balances99
Active participants53
Employer contributions$211,066
Employee contributions$214,936
Employer contribution per active participant$3,982
Average account balance$34,909
Benefits paid to participants$252,727
Plan auditUnmodified (clean) audit opinion
AuditorBDG-CPAS
Plan history3
Yearassets · accounts · employer contribution
2024$3.5M · 99 accts · $211K emplr
2023$2.9M · 102 accts · $155K emplr
2022$2.3M · 104 accts · $125K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$444
Investment management$2,036
Total administrative$2,480
The Alpargatas USA, Inc. 401(k) match · 2024
Employer contribution per active participant$3,982
Median for plans this size$1,313
2024$3,982 per active participant
2023$2,219 per active participant
2022$1,299 per active participant

Alpargatas USA, Inc.'s 2024 employer contribution ran above the $1,313 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 · 20241
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$444

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$2,480 · 0.08%
2023$2,043 · 0.08%
2022$1,526 · 0.06%
Similar plansWholesale Trade · California
Abbyson Living, LLC CA$3.5M · 0.05%
Biospace Inc, dba Inbody CA$3.5M · 0.49%
E.C. Group, Inc. CA$3.4M · 0.10%
Menu Maker Foods, Inc. CA$3.2M · 2.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 592214892 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.