Plan Ledger DOL Form 5500 · updated monthly

Alphasense, Inc.401(k)

ALPHASENSE, INC. 401(K) PLAN · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.49%

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

Alphasense, Inc. reported $142,104 in plan administrative expenses for 2024: 0.49% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,988 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 0.05% to 0.49%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 1,707th-largest of 5,648 plans among New York employers on file, and the 3,520th of 11,654 in professional & technical services. In 2024, employees put in $3.70 for every $1.00 the employer contributed; active participation has grown from 438 to 687 since 2022.

Plan summary
Net assets, end of year$36,970,638
Participants with balances792
Active participants687
Employer contributions$2,052,513
Employee contributions$7,587,888
Employer contribution per active participant$2,988
Average account balance$46,680
Benefits paid to participants$2,917,712
Plan auditUnmodified (clean) audit opinion
AuditorCITRIN COOPERMAN & COMAPNY LLP
Plan history3
Yearassets · accounts · employer contribution
2024$37.0M · 792 accts · $2.1M emplr
2023$21.1M · 694 accts · $1.7M emplr
2022$7.9M · 498 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$142,104
Total administrative$142,104
The Alphasense, Inc. 401(k) match · 2024
Employer contribution per active participant$2,988
Median for plans this size$2,416
2024$2,988 per active participant
2023$2,523 per active participant

Alphasense, 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
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$141,745
CREATIVE PLANNING, LLC · Investment advisory (participants)indirect comp

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$142,104 · 0.49%
2023$77,183 · 0.53%
2022$3,211 · 0.05%
Same employer
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Known Global LLC NY$37.6M · 0.01%
Maven Clinic Co. NY$37.6M · 0.27%
Ds Hopkins Holdings LLC NY$37.4M · 0.19%
Rubenstein Associates, Inc. NY$37.2M · 0.02%
Stemline Therapeutics, Inc. NY$36.8M · 0.03%
Tag Worldwide (USA) Inc. NY$36.4M · 0.09%
Harding Mazzotti, LLP NY$36.4M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 264324106 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.