Plan Ledger DOL Form 5500 · updated monthly

Aluma-Form, Inc.401(k)

ALUMA-FORM, INC. 401(K) PLAN · MEMPHIS, TN · plan year 2024

Reported admin expense ratio · 2024
0.41%

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

Aluma-Form, Inc. reported $42,462 in plan administrative expenses for 2024: 0.41% of average plan assets, above the peer median. Employer contributions averaged $603 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 3 years on file its reported administrative ratio has held roughly steady near 0.41%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Tennessee (806th of 1,496), and 8,435th of 13,661 in manufacturing. In 2024, employees put in $3.32 for every $1.00 the employer contributed; active participation has shrunk from 385 to 312 since 2022.

Plan summary
Net assets, end of year$10,816,540
Participants with balances159
Active participants312
Employer contributions$188,077
Employee contributions$625,174
Employer contribution per active participant$603
Average account balance$68,029
Benefits paid to participants$1,142,069
Plan auditUnmodified (clean) audit opinion
AuditorKEITER STEPHENS
Plan history3
Yearassets · accounts · employer contribution
2024$10.8M · 159 accts · $188K emplr
2023$9.8M · 163 accts · $158K emplr
2022$8.2M · 171 accts · $183K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$24,881
Investment management$17,581
Total administrative$42,462
The Aluma-Form, Inc. 401(k) match · 2024
Employer contribution per active participant$603
Median for plans this size$2,416
2024$603 per active participant
2023$1,162 per active participant
2022$475 per active participant

Aluma-Form, Inc.'s 2024 employer contribution ran below the $2,416 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 · 20241
USI CONSULTING GROUP · Claims processing · Recordkeeping$24,881

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

Recordkeeper by year2
2024USI Consulting
2023USI Consulting

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$42,462 · 0.41%
2023$36,442 · 0.41%
2022$37,300 · 0.40%
Same employer
Similar plansManufacturing · Tennessee
Superior Steel, Inc. TN$12.0M · 0.87%
Drexel Chemical Company TN$11.0M · 0.48%
Otics USA, Inc. TN$10.9M · 0.16%
Top Flight, Inc. TN$10.4M · 0.47%
Valley Packaging Corp. TN$10.3M · 0.05%

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Source: U.S. Department of Labor, Form 5500 series, EIN 620649170 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.