Plan Ledger DOL Form 5500 · updated monthly

Allegheny Technologies Incorporated401(k)

ATI 401K SAVINGS PLAN · DALLAS, TX · plan year 2024

Reported admin expense ratio · 2024
0.01%

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

Allegheny Technologies Incorporated reported $96,395 in plan administrative expenses for 2024: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $7,726 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 rose from 0.00% to 0.01%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other manufacturing employers. By assets it is the 121st-largest of 5,688 plans among Texas employers on file, and the 332nd of 13,661 in manufacturing. In 2024, employees put in $1.07 for every $1.00 the employer contributed; active participation has grown from 3,431 to 4,230 since 2022.

Plan summary
Net assets, end of year$994,947,256
Participants with balances6,421
Active participants4,230
Employer contributions$32,679,083
Employee contributions$34,857,207
Employer contribution per active participant$7,726
Average account balance$154,952
Benefits paid to participants$103,210,728
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$994.9M · 6,421 accts · $32.7M emplr
2023$903.4M · 6,101 accts · $29.9M emplr
2022$753.7M · 5,796 accts · $24.4M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$79,363
Investment management$17,032
Total administrative$96,395
The Allegheny Technologies Incorporated 401(k) match · 2024
Employer contribution per active participant$7,726
Median for plans this size$4,294
2024$7,726 per active participant
2023$7,889 per active participant
2022$7,111 per active participant

Allegheny Technologies Incorporated's 2024 employer contribution ran above the $4,294 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
EMPOWER ANNUITY INS CO OF AMERICA · Recordkeeping · Loan processing$80,329
EMPOWER ADVISORY GROUP, LLC · Investment management$17,032
EMPOWER FINANCIAL SERVICES, INC · Securities brokerage · Investment advisory (participants)$1,222

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

Recordkeeper by year2
2024Empower
2023Alight

This plan has changed recordkeepers within these filings. If you left Allegheny Technologies Incorporated before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$96,395 · 0.01%
2023$42,300 · 0.01%
2022$29,050 · 0.00%
All plans at this employer3
ATI RETIREMENT PLAN401(k)
ATI 401K SAVINGS PLAN401(k)
CAPITAL ACCUMULATION PLAN FOR ALLEGHENY LUDLUM401(k)
Same employer
Similar plansManufacturing · Texas
Hf Sinclair Corporation TX$1.2B · 0.06%
Hess Corporation TX$1.1B · 0.01%
Celanese Americas LLC TX$992.8M · 0.09%
Motiva Enterprises LLC TX$887.8M · 0.06%
Lennox International Inc. TX$818.5M · 0.04%

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Source: U.S. Department of Labor, Form 5500 series, EIN 251792394 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.