What are the fees in the Altagheny,Inc. 401(k) plan?

For plan year 2022, Altagheny,Inc. reported $33,707 in plan administrative expenses, or 1.10% of average plan assets — higher than ~90% of peers. Fund-level expense ratios are not included in public filings.

What is the average account balance in the Altagheny,Inc. 401(k)?

The average participant account balance was $20,604 for plan year 2022, based on 127 accounts.

Altagheny,Inc.401(k)

Name: Altagheny,Inc. 401(k) plan: Form 5500 data
Creator: U.S. Department of Labor

ALTAGHENY,INC. 401K PROFIT SHARING PLAN · EBENSBURG, PA · plan year 2022

Reported admin expense ratio · 2022

1.10%

Altagheny,Inc. reported $33,707 in plan administrative expenses for 2022: 1.10% of average plan assets, higher than ~90% of peers. 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in Pennsylvania (3,237th of 3,651), and 4,485th of 5,215 in retail trade. In 2022, employees put in $1.89 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,616,676
Participants with balances127
Active participants0
Employer contributions$54,701
Employee contributions$103,183
Employer contribution per active participant—
Average account balance$20,604
Benefits paid to participants$399,718
Plan auditUnmodified (clean) audit opinion
AuditorSTELMACK, DOBRANSKY, EANNACE, LLC

Plan history2

Yearassets · accounts · employer contribution

2023$0 · $8K emplr

2022$2.6M · 127 accts · $55K emplr

Administrative expenses, itemized · 2022

Professional / advisory$960

Total administrative$33,707

What these fees cost you

Your balance

Annual cost at the plan's reported 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2

2023Not separately reported

2022$33,707 · 1.10%

Similar plansRetail Trade · Pennsylvania
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Mac Discount, LLC PA$2.6M · 0.63%
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Source: U.S. Department of Labor, Form 5500 series, EIN 251763419 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.