Plan Ledger DOL Form 5500 · updated monthly

Altano U.S., LLC401(k)

ALTANO U.S., LLC 401(K) PLAN · LEXINGTON, KY · plan year 2023

Reported admin expense ratio · 2023
1.30%

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

Altano U.S., LLC reported $38,029 in plan administrative expenses for 2023: 1.30% of average plan assets, higher than ~90% of peers. Employer contributions averaged $2,061 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Kentucky (692nd of 871), and 10,249th of 11,654 in professional & technical services. In 2023, employees put in $2.04 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$3,779,043
Participants with balances120
Active participants183
Employer contributions$377,100
Employee contributions$769,153
Employer contribution per active participant$2,061
Average account balance$31,492
Benefits paid to participants$130,524
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$38,029
Total administrative$38,029
The Altano U.S., LLC 401(k) match · 2023
Employer contribution per active participant$2,061
Median for plans this size$1,308

Altano U.S., LLC's 2023 employer contribution ran above the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20234
GLOBAL RETIREMENT PARTNERS LLC · Investment advisory (plan)$10,276
EMPOWER ADVISORY GROUP · Investment management$6,329
PENTEGRA SERVICES INC · Contract administrator$720

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

Administrative cost history1
2023$38,029 · 1.30%
Same employer
Similar plansProfessional & Technical Services · Kentucky
Seek Now, Inc. KY$5.9M · 0.04%
Protect Environmental LLC KY$5.6M · 0.06%
Leap Group Network, LLC KY$5.0M · 0.77%
Wabuck Development, Inc. KY$3.1M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 372093761 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.