Plan Ledger DOL Form 5500 · updated monthly

Alten Technology USA, Inc.401(k)

ALTEN TECHNOLOGY USA, INC. 401(K) PLAN · TROY, MI · plan year 2024

Reported admin expense ratio · 2024
0.26%

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

Alten Technology USA, Inc. reported $49,250 in plan administrative expenses for 2024: 0.26% of average plan assets, below the peer median. Employer contributions averaged $1,978 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 0.13% to 0.26%. 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 746th-largest of 2,619 plans among Michigan employers on file, and the 3,952nd of 11,654 in professional & technical services. In 2024, employees put in $2.17 for every $1.00 the employer contributed; active participation has grown from 425 to 868 since 2022.

Plan summary
Net assets, end of year$32,047,621
Participants with balances745
Active participants868
Employer contributions$1,716,963
Employee contributions$3,721,066
Employer contribution per active participant$1,978
Average account balance$43,017
Benefits paid to participants$3,545,642
Plan auditUnmodified (clean) audit opinion
AuditorRETIREMENT PLAN AUDIT SERVICES, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$32.0M · 745 accts · $1.7M emplr
2023$5.3M · 344 accts · $542K emplr
2022$3.9M · 312 accts · $473K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$49,250
Total administrative$49,250
The Alten Technology USA, Inc. 401(k) match · 2024
Employer contribution per active participant$1,978
Median for plans this size$2,416
2024$1,978 per active participant
2023$1,231 per active participant
2022$1,113 per active participant

Alten Technology USA, Inc.'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 · 20241
T ROWE PRICE RPS INC · Recordkeeping · Trustee$49,250

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

Recordkeeper by year2
2024T. Rowe Price
2023ADP

This plan has changed recordkeepers within these filings. If you left Alten Technology USA, Inc. before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$49,250 · 0.26%
2023$5,964 · 0.13%
2022$4,439 · 0.13%
All plans at this employer2
ALTEN TECHNOLOGY USA, INC. 401(K) PLAN401(k)
SYNCRONESS, INC. 401(K) PLAN401(k)
Same employer
Similar plansProfessional & Technical Services · Michigan
Nth Consultants LTD MI$33.9M · 0.16%
3-DIMENSIONAL Services Inc. MI$32.5M · 0.44%
Pea Group MI$31.5M · 0.40%
Rowe, Inc. MI$31.0M · 0.21%

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Source: U.S. Department of Labor, Form 5500 series, EIN 901006038 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.