Plan Ledger DOL Form 5500 · updated monthly

Argos North America Corp.401(k)

ARGOS USA RETIREMENT SAVINGS PLAN · ALPHARETTA, GA · plan year 2023

Reported admin expense ratio · 2023
0.11%

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

Argos North America Corp. reported $144,890 in plan administrative expenses for 2023: 0.11% of average plan assets, below the peer median. Employer contributions averaged $2,706 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 1 year on file its reported administrative ratio fell from 0.12% to 0.11%. The plan sits in the $50M–$250M size bracket, benchmarked here against 9,317 comparable plans and shown alongside other manufacturing employers. By assets it is the 223rd-largest of 2,160 plans among Georgia employers on file, and the 1,473rd of 13,661 in manufacturing. In 2023, employees put in $1.93 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$142,627,252
Participants with balances1,609
Active participants2,023
Employer contributions$5,474,595
Employee contributions$10,539,761
Employer contribution per active participant$2,706
Average account balance$88,643
Benefits paid to participants$17,405,622
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$0 · $5.3M emplr
2023$142.6M · 1,609 accts · $5.5M emplr
2022$122.7M · 1,622 accts · $5.5M emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$144,890
Total administrative$144,890
The Argos North America Corp. 401(k) match · 2023
Employer contribution per active participant$2,706
Median for plans this size$3,659
2023$2,706 per active participant
2022$2,802 per active participant

Argos North America Corp.'s 2023 employer contribution ran below the $3,659 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20231
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$144,890

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

Administrative cost history3
2024Not separately reported
2023$144,890 · 0.11%
2022$161,934 · 0.12%
Similar plansManufacturing · Georgia
Molnlycke Health Care US LLC GA$152.1M · 0.20%
Ykk Corporation of America GA$149.2M · 0.12%
Allnex USA Inc. GA$130.7M · 0.06%
Arauco North America, Inc. GA$129.0M · 0.18%
Immucor, Inc. GA$128.7M · 0.02%
Engineered Floors, LLC GA$124.3M · 0.10%

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Source: U.S. Department of Labor, Form 5500 series, EIN 980469794 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.