Aludyne Inc 401(k) Review & Grade
Aludyne Inc. 401(k) Plan
Southfield, MIManufacturing2,410 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$1,219Employer $ per active participant
$4,430Employee $ saved per active participant
0.19%Direct admin cost, % of plan assets
$99.4MNet plan assets, end of year
$36,746Average balance per account
Score breakdown
- Employer generosity11.6 / 5023th percentile for employer $ per participant
- Low cost14.0 / 2556th percentile for low admin cost vs. same-size plans
- Employee saving6.5 / 1543th percentile for employee $ per participant
- Plan features3 / 10Default investment
Total score35 / 100 · Grade D
This plan vs. peers
Peers: Manufacturing plans with 500–2,499 active participants (2,376 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 23th |
| Lower admin cost | 56th |
| Employee saving | 43th |
| Peers that auto-enroll | 59% |
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Red flags from the filing
No red flags were reported on this filing's compliance questions.
What to do if you're in this plan
- Aludyne put in about $1,219 per active participant, below the typical peer ($2,320). Any match is still an instant return, so contribute enough to get all of it.
- The filing shows total dollars, not the match formula. Ask HR for the Summary Plan Description so you know the exact match and vesting schedule.
- Fund expense ratios aren't in the filing. Look them up in your 404(a)(5) fee disclosure and favor low-cost index or target-date funds.
- Changing jobs? You can usually leave the money in the plan, move it to your new employer's plan, or roll it into an IRA. Don't cash out: you'd owe taxes and possibly a 10% penalty.
The raw numbers from the filing
| Employer contributions | $2,936,410 |
| Participant (employee) contributions | $10,673,551 |
| Other contributions (incl. rollovers in) | $1,775,926 |
| Administrative expenses paid from the plan | $178,583 |
| Contract administrator fees | $300 |
| Investment advisory & management fees | $62 |
| Benefits paid out | $16,703,415 |
| Net assets, start / end of year | $89.1M / $99.4M |
| Active participants, start / end of year | 2,711 / 2,108 |
| Participants with account balances | 2,706 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Sikich CPA, LLC |
Largest service providers (Schedule C)
| Fidelity Investments Institutional | $164,221 reported compensation |
| Sikich CPA LLC | $14,300 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251013131111NAL0002986034001, received 2025-10-13, EIN 46-1525728, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.