Plan Ledger DOL Form 5500 · updated monthly

Aludyne Inc401(k)

ALUDYNE INC. 401(K) PLAN · SOUTHFIELD, MI · plan year 2024

Reported admin expense ratio · 2024
0.19%

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

Aludyne Inc reported $178,583 in plan administrative expenses for 2024: 0.19% of average plan assets, above the peer median. Employer contributions averaged $1,393 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 fell from 0.20% to 0.19%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other manufacturing employers. By assets it is the 297th-largest of 2,619 plans among Michigan employers on file, and the 1,924th of 13,661 in manufacturing. In 2024, employees put in $3.63 for every $1.00 the employer contributed; active participation has shrunk from 2,695 to 2,108 since 2022.

Plan summary
Net assets, end of year$99,435,160
Participants with balances2,706
Active participants2,108
Employer contributions$2,936,410
Employee contributions$10,673,551
Employer contribution per active participant$1,393
Average account balance$36,746
Benefits paid to participants$16,703,415
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$99.4M · 2,706 accts · $2.9M emplr
2023$89.1M · 3,254 accts · $3.4M emplr
2022$72.9M · 3,042 accts · $2.6M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$164,221
Investment management$62
Audit (IQPA)$14,300
Total administrative$178,583
The Aludyne Inc 401(k) match · 2024
Employer contribution per active participant$1,393
Median for plans this size$3,635
2024$1,393 per active participant
2023$1,265 per active participant
2022$954 per active participant

Aludyne Inc's 2024 employer contribution ran below the $3,635 median for plans its size, in the bottom quarter of its peers. 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 · 20242
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$164,221
SIKICH CPA LLC · Accounting / audit$14,300

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$178,583 · 0.19%
2023$142,298 · 0.18%
2022$157,467 · 0.20%
Same employer
Similar plansManufacturing · Michigan
Neogen Corporation MI$108.1M · 0.18%
Orchid Mps Holdings, LLC MI$106.5M · 0.05%
Orchid Mps Holdings, LLC MI$106.5M · 0.05%
Hanon Systems USA, LLC MI$102.8M · 0.12%
Dayco Incorporated MI$95.7M · 0.11%

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Source: U.S. Department of Labor, Form 5500 series, EIN 461525728 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.