Plan Ledger DOL Form 5500 · updated monthly

Altasciences USA LLC401(k)

ALTASCIENCES USA LLC 401(K) PLAN · EVERETT, WA · plan year 2024

Reported admin expense ratio · 2024
0.52%

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

Altasciences USA LLC reported $229,679 in plan administrative expenses for 2024: 0.52% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,596 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 0.41% to 0.52%. 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 356th-largest of 1,714 plans among Washington employers on file, and the 2,832nd of 11,654 in professional & technical services. In 2024, employees put in $3.04 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$48,490,076
Participants with balances1,017
Active participants1,187
Employer contributions$1,894,115
Employee contributions$5,758,562
Employer contribution per active participant$1,596
Average account balance$47,680
Benefits paid to participants$4,429,989
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$48.5M · 1,017 accts · $1.9M emplr
2023$39.6M · 1,158 accts · $1.8M emplr
2022$30.1M · 835 accts · $1.4M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$66,934
Investment management$162,745
Total administrative$229,679
The Altasciences USA LLC 401(k) match · 2024
Employer contribution per active participant$1,596
Median for plans this size$2,416
2024$1,596 per active participant
2023$1,449 per active participant
2022$1,200 per active participant

Altasciences USA LLC's 2024 employer contribution ran below 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 · 20243
MERCER INVESTMENTS, LLC · Consulting · Insurance services$151,323
EMPOWER ADVISORY GROUP, LLC · Investment management$11,422

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$229,679 · 0.52%
2023$189,394 · 0.54%
2022$122,101 · 0.41%
Similar plansProfessional & Technical Services · Washington
MG2 Corporation WA$50.3M · 0.40%
RH2 Engineering Inc. WA$49.6M · 0.32%
Pioneer Human Services WA$47.1M · 0.38%
Icertis Inc. WA$46.6M · 0.28%

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Source: U.S. Department of Labor, Form 5500 series, EIN 821697220 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.