Plan Ledger DOL Form 5500 · updated monthly

Unifrax I LLC401(k)

ALKEGEN 401(K) PLAN · TONAWANDA, NY · plan year 2024

Reported admin expense ratio · 2024
0.05%

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

Unifrax I LLC reported $123,234 in plan administrative expenses for 2024: 0.05% of average plan assets, below the peer median. Employer contributions averaged $3,428 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 0.03% to 0.05%. 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 378th-largest of 5,648 plans among New York employers on file, and the 954th of 13,661 in manufacturing. In 2024, employees put in $2.00 for every $1.00 the employer contributed; active participation has grown from 1,115 to 1,779 since 2022.

Plan summary
Net assets, end of year$262,561,345
Participants with balances2,596
Active participants1,779
Employer contributions$6,098,102
Employee contributions$12,174,037
Employer contribution per active participant$3,428
Average account balance$101,141
Benefits paid to participants$32,446,121
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$262.6M · 2,596 accts · $6.1M emplr
2023$239.8M · 2,708 accts · $6.5M emplr
2022$123.9M · 1,466 accts · $3.9M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$64,228
Investment management$48,506
Audit (IQPA)$10,500
Total administrative$123,234
The Unifrax I LLC 401(k) match · 2024
Employer contribution per active participant$3,428
Median for plans this size$4,294
2024$3,428 per active participant
2023$3,563 per active participant
2022$3,468 per active participant

Unifrax I LLC's 2024 employer contribution ran below the $4,294 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$64,228
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$48,506
CLIFTONLARSONALLEN LLP · Accounting / audit$10,500

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$123,234 · 0.05%
2023$173,406 · 0.10%
2022$36,512 · 0.03%
Similar plansManufacturing · New York
Seneca Foods Corporation NY$297.5M · 0.34%
Steel Services LTD NY$287.4M · 0.07%
Amneal Pharmaceuticals LLC NY$278.5M · 0.12%
Gleason Corporation NY$274.4M · 0.06%
American Regent, Inc. NY$255.2M · 0.11%
Knorr-Bremse NY$251.5M · 0.08%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 341535916 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.