Plan Ledger DOL Form 5500 · updated monthly

Hudson-Alpha Institute for Biotechnology401(k)

HUDSON-ALPHA INSTITUTE FOR BIOTECHNOLOGY 401(K) PLAN · HUNTSVILLE, AL · plan year 2024

Reported admin expense ratio · 2024
0.31%

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

Hudson-Alpha Institute for Biotechnology reported $113,508 in plan administrative expenses for 2024: 0.31% of average plan assets, above the peer median. Employer contributions averaged $4,314 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 0.31%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 194th-largest of 902 plans among Alabama employers on file, and the 3,448th of 11,654 in professional & technical services. In 2024, employees put in $1.95 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$37,917,598
Participants with balances309
Active participants214
Employer contributions$923,177
Employee contributions$1,804,337
Employer contribution per active participant$4,314
Average account balance$122,711
Benefits paid to participants$5,381,989
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$37.9M · 309 accts · $923K emplr
2023$35.6M · 294 accts · $921K emplr
2022$29.9M · 296 accts · $942K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$113,508
Total administrative$113,508
The Hudson-Alpha Institute for Biotechnology 401(k) match · 2024
Employer contribution per active participant$4,314
Median for plans this size$2,416
2024$4,314 per active participant
2023$4,388 per active participant
2022$4,403 per active participant

Hudson-Alpha Institute for Biotechnology's 2024 employer contribution ran above the $2,416 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 · 20242
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator$113,508
KREATIV RETIREMENT PLAN SOLUTIONS · Investment advisory (plan)indirect comp

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$113,508 · 0.31%
2023$100,871 · 0.31%
2022$105,403 · 0.32%
Same employer
Similar plansProfessional & Technical Services · Alabama
Decibel Research, Inc. AL$41.3M · 0.00%
Otelco Telephone LLC AL$39.6M · 0.41%
Ai Signal Research, Inc. AL$38.9M · 0.34%
Nou Systems, Inc. AL$36.3M · 0.30%
Bmss, LLC AL$36.0M · 0.23%

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Source: U.S. Department of Labor, Form 5500 series, EIN 432059317 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.