Plan Ledger DOL Form 5500 · updated monthly

Alpha Industries Management, Inc.401(k)

ALPHA INDUSTRIES MANAGEMENT, INC. 401(K) PLAN · PAMPANO BEACH, FL · plan year 2024

Reported admin expense ratio · 2024
0.40%

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

Alpha Industries Management, Inc. reported $209,085 in plan administrative expenses for 2024: 0.40% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,792 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 3 years on file its reported administrative ratio has held roughly steady near 0.40%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other manufacturing employers. By assets it is the 493rd-largest of 3,644 plans among Florida employers on file, and the 2,869th of 13,661 in manufacturing. In 2024, employees put in $2.95 for every $1.00 the employer contributed; active participation has grown from 655 to 810 since 2022.

Plan summary
Net assets, end of year$56,755,652
Participants with balances569
Active participants810
Employer contributions$1,451,462
Employee contributions$4,287,184
Employer contribution per active participant$1,792
Average account balance$99,746
Benefits paid to participants$3,034,470
Plan auditUnmodified (clean) audit opinion
AuditorBERKOWITZ POLLACK BRANT
Plan history3
Yearassets · accounts · employer contribution
2024$56.8M · 569 accts · $1.5M emplr
2023$46.6M · 509 accts · $1.2M emplr
2022$41.8M · 522 accts · $1.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$106,845
Investment management$51,120
Total administrative$209,085
The Alpha Industries Management, Inc. 401(k) match · 2024
Employer contribution per active participant$1,792
Median for plans this size$3,635
2024$1,792 per active participant
2023$1,436 per active participant
2022$1,819 per active participant

Alpha Industries Management, Inc.'s 2024 employer contribution ran below the $3,635 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
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$106,845
MERRILL LYNCH PIERCE FENNER & SMITH · Pension consulting · Investment advisory (plan)$102,240

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$209,085 · 0.40%
2023$189,164 · 0.43%
2022$176,025 · 0.39%
Same employer
Similar plansManufacturing · Florida
Redwire Holdings, LLC FL$65.4M · 0.03%
Noven Pharmaceuticals, Inc. FL$61.8M · 0.13%
Trividia Health, Inc. FL$59.4M · 0.14%
Berg Europipe Holding Corp. FL$55.7M · 0.13%
Sonny's Enterprises, LLC FL$54.4M · 0.43%
Gm Nameplate, Inc. FL$48.3M · 0.31%

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Source: U.S. Department of Labor, Form 5500 series, EIN 223165358 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.