Plan Ledger DOL Form 5500 · updated monthly

Alpha Genesis, Inc.401(k)

ALPHA GENESIS, INC. 401(K) PLAN · YEMASSEE, SC · plan year 2024

Reported admin expense ratio · 2024
1.25%

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

Alpha Genesis, Inc. reported $43,198 in plan administrative expenses for 2024: 1.25% of average plan assets, higher than ~90% of peers. Employer contributions averaged $763 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 1.49% to 1.25%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other agriculture, forestry & fishing employers. By assets it is among the smaller plans on file in South Carolina (611th of 807), and 697th of 945 in agriculture, forestry & fishing. In 2024, employees put in $2.23 for every $1.00 the employer contributed; active participation has grown from 171 to 233 since 2022.

Plan summary
Net assets, end of year$3,835,748
Participants with balances0
Active participants233
Employer contributions$177,889
Employee contributions$397,470
Employer contribution per active participant$763
Average account balance—
Benefits paid to participants$138,581
Plan auditUnmodified (clean) audit opinion
AuditorMOSS & YANTIS CPA PA
Plan history3
Yearassets · accounts · employer contribution
2024$3.8M · $178K emplr
2023$3.1M · 277 accts · $184K emplr
2022$2.3M · 163 accts · $112K emplr
Administrative expenses, itemized · 2024
Investment management$43,198
Total administrative$43,198
The Alpha Genesis, Inc. 401(k) match · 2024
Employer contribution per active participant$763
Median for plans this size$1,313
2024$763 per active participant
2023$758 per active participant
2022$653 per active participant

Alpha Genesis, Inc.'s 2024 employer contribution ran below the $1,313 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
JOHN HANCOCK LIFE INSURANCE COMPANY · Recordkeeping · Investment management$3,000
MERRILL LYNCH · Investment advisory (participants)$11,653

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
2023John Hancock

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$43,198 · 1.25%
2023$31,114 · 1.16%
2022$36,107 · 1.49%
Same employer
Similar plansAgriculture, Forestry & Fishing · South Carolina
Arborgen Inc. SC$16.1M · 0.37%
Walter P. Rawl & Sons, Inc. SC$14.0M · 0.67%
Patten Seed Company SC$12.7M · 0.33%
Rei Automation, Inc. SC$4.4M · 0.34%
Amplifiedag, Inc. SC$1.1M · 1.37%

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Source: U.S. Department of Labor, Form 5500 series, EIN 541800459 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.