Plan Ledger DOL Form 5500 · updated monthly

Aludec USA, Inc.401(k)

ALUDEC USA 401(K) PLAN · EDEN PRAIRIE, MN · plan year 2022

Reported admin expense ratio · 2022
0.78%

Aludec USA, Inc. reported $10,878 in plan administrative expenses for 2022: 0.78% of average plan assets, above the peer median. 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 manufacturing employers. By assets it is among the smaller plans on file in Minnesota (1,834th of 1,918), and 13,140th of 13,661 in manufacturing.

Plan summary
Net assets, end of year$1,331,892
Participants with balances43
Active participants201
Employer contributions—
Employee contributions$106,941
Employer contribution per active participant—
Average account balance$30,974
Benefits paid to participants$14,614
Plan auditUnmodified (clean) audit opinion
AuditorBOYUM AND BARENSCHEER PLLP
What these fees cost you

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 history1
2022$10,878 · 0.78%
Same employer
Similar plansManufacturing · Minnesota
Caerus Corp MN$1.7M · 0.84%
Rosenbauer Minnesota, LLC MN$1.4M · 0.50%
Downs Food Group Inc. MN$1.4M · 0.97%
Bushel Boy Farms, LLP MN$1.3M · 1.13%
Bobs Wood Specialties Inc MN$1.3M · 1.09%
Leafline Labs, LLC MN$1.2M · 1.63%
United Packaging, Inc. MN$1.2M · 0.70%

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Source: U.S. Department of Labor, Form 5500 series, EIN 852295312 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.