Plan Ledger DOL Form 5500 · updated monthly

Argos USA, LLC401(k)

ARGOS USA UNION 401(K) PLAN · ALPHARETTA, GA · plan year 2023

Reported admin expense ratio · 2023
0.10%

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

Argos USA, LLC reported $8,982 in plan administrative expenses for 2023: 0.10% of average plan assets, lower than ~75% of peers. Employer contributions averaged $4,067 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 0.14% to 0.10%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Georgia (1,261st of 2,160), and 8,857th of 13,661 in manufacturing. In 2023, the employer put in $1.02 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$9,856,673
Participants with balances177
Active participants182
Employer contributions$740,122
Employee contributions$724,901
Employer contribution per active participant$4,067
Average account balance$55,687
Benefits paid to participants$788,664
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$0 · $849K emplr
2023$9.9M · 177 accts · $740K emplr
2022$8.3M · 184 accts · $696K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$8,982
Total administrative$8,982
The Argos USA, LLC 401(k) match · 2023
Employer contribution per active participant$4,067
Median for plans this size$1,308
2023$4,067 per active participant
2022$3,825 per active participant

Argos USA, LLC's 2023 employer contribution ran above the $1,308 median for plans its size, placing it in the top 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 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$8,982

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$8,982 · 0.10%
2022$12,554 · 0.14%
Same employer
Similar plansManufacturing · Georgia
Crider, Inc. GA$10.1M · 0.96%
Rem Arms LLC GA$9.8M · 0.59%
Polyventive LLC GA$9.6M · 0.76%

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Source: U.S. Department of Labor, Form 5500 series, EIN 452429726 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.