Plan Ledger DOL Form 5500 · updated monthly

Alpha Teknova, Inc.401(k)

ALPHA TEKNOVA INC. 401(K) PROFIT SHARING PLAN · HOLLISTER, CA · plan year 2024

Reported admin expense ratio · 2024
0.54%

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

Alpha Teknova, Inc. reported $55,847 in plan administrative expenses for 2024: 0.54% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,829 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 0.60% to 0.54%. 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 among the smaller plans on file in California (5,198th of 9,483), and 8,365th of 13,661 in manufacturing. In 2024, employees put in $2.00 for every $1.00 the employer contributed; active participation has shrunk from 274 to 159 since 2022.

Plan summary
Net assets, end of year$10,994,662
Participants with balances210
Active participants159
Employer contributions$449,794
Employee contributions$897,440
Employer contribution per active participant$2,829
Average account balance$52,356
Benefits paid to participants$1,561,883
Plan auditUnmodified (clean) audit opinion
AuditorBPM LLP
Plan history3
Yearassets · accounts · employer contribution
2024$11.0M · 210 accts · $450K emplr
2023$9.6M · 230 accts · $639K emplr
2022$7.2M · 274 accts · $655K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$6,232
Investment management$49,615
Total administrative$55,847
The Alpha Teknova, Inc. 401(k) match · 2024
Employer contribution per active participant$2,829
Median for plans this size$2,416
2024$2,829 per active participant
2023$3,059 per active participant
2022$2,389 per active participant

Alpha Teknova, Inc.'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
ASCENSUS LLC · Loan processing · Recordkeeping$6,232
GLOBAL RETIREMENT PARTNERS · Investment advisory (plan)$49,615

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024Ascensus
2023Ascensus

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

Administrative cost history3
2024$55,847 · 0.54%
2023$48,259 · 0.57%
2022$42,048 · 0.60%
Same employer
Similar plansManufacturing · California
Noah Medical Corporation CA$11.0M · 0.64%
Custom Control Sensors, LLC CA$11.0M · 0.48%
Mattco Forge, Inc. CA$11.0M · 0.50%
Tct Mobile, Inc CA$11.0M · 0.57%
Pulmuone Foods USA, Inc. CA$11.0M · 0.73%
Willow Innovations, Inc CA$10.9M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 943368109 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.