Plan Ledger DOL Form 5500 · updated monthly

Alpha Baking Co., Inc.401(k)

ALPHA BAKING CO., INC. & SUBSIDIARIES 401(K) PROFIT SHARING PLAN · CHICAGO, IL · plan year 2023

Reported admin expense ratio · 2023
0.19%

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

Alpha Baking Co., Inc. reported $85,650 in plan administrative expenses for 2023: 0.19% of average plan assets, below the peer median. Employer contributions averaged $1,019 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 0.11% to 0.20%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other manufacturing employers. By assets it is the 956th-largest of 3,702 plans among Illinois employers on file, and the 3,271st of 13,661 in manufacturing. In 2023, employees put in $3.25 for every $1.00 the employer contributed; active participation has shrunk from 949 to 721 since 2022.

Plan summary
Net assets, end of year$47,679,477
Participants with balances1,139
Active participants721
Employer contributions$735,035
Employee contributions$2,388,835
Employer contribution per active participant$1,019
Average account balance$41,861
Benefits paid to participants$2,147,448
Plan auditUnmodified (clean) audit opinion
AuditorSELDEN FOX, LTD.
Plan history3
Yearassets · accounts · employer contribution
2024$47.4M · 1,292 accts · $779K emplr
2023$47.7M · 1,139 accts · $735K emplr
2022$41.0M · 1,127 accts · $835K emplr
Administrative expenses, itemized · 2023
Investment management$85,650
Total administrative$85,650
The Alpha Baking Co., Inc. 401(k) match · 2023
Employer contribution per active participant$1,019
Median for plans this size$2,440
2024$1,010 per active participant
2023$1,019 per active participant
2022$880 per active participant

Alpha Baking Co., Inc.'s 2023 employer contribution ran below the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
UBS FINANCIAL SERVICES INC · Investment advisory (plan)$85,650

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$96,817 · 0.20%
2023$85,650 · 0.19%
2022$48,090 · 0.11%
Same employer
Similar plansManufacturing · Illinois
Certified Power, Inc. IL$48.4M · 0.46%
Af Holding Co. IL$47.6M · 0.36%
Suncast Corporation IL$47.5M · 0.25%
Miniat Holdings LLC IL$47.5M · 0.18%

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Source: U.S. Department of Labor, Form 5500 series, EIN 310969495 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.