Ali Group North America Corporation 401(k) Review & Grade
Ali Group Retirement Plan
Vernon Hills, ILManufacturing4,144 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$2,632Employer $ per active participant
$5,124Employee $ saved per active participant
0.11%Direct admin cost, % of plan assets
$479.3MNet plan assets, end of year
$94,284Average balance per account
Score breakdown
- Employer generosity19.2 / 5038th percentile for employer $ per participant
- Low cost13.7 / 2555th percentile for low admin cost vs. same-size plans
- Employee saving5.8 / 1538th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
- Red-flag deductions-13 pts2 issues reported on the filing
Total score36 / 100 · Grade D
This plan vs. peers
Peers: Manufacturing plans with 2,500–9,999 active participants (566 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 38th |
| Lower admin cost | 55th |
| Employee saving | 38th |
| Peers that auto-enroll | 70% |
Get the monthly 401(k) report card
The best and worst plans, new grades as filings post. One email a month, no spam.
Red flags from the filing
Late deposits: the filing says some employee contributions were not sent to the plan on time ($384,669 reported). That's money taken from paychecks that sat with the employer longer than the law allows.
Corrective distributions: the plan refunded $14,796 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- Ali Group North America put in about $2,632 per active participant, below the typical peer ($3,452). 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.
- The plan auto-enrolls employees. Check your default contribution rate. Defaults are often lower than what it takes to get the full match.
- The plan reported late deposits of employee contributions. Compare your pay stubs with your account statements, and contact the plan administrator if money shows up late.
- 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 | $10,907,279 |
| Participant (employee) contributions | $21,235,286 |
| Other contributions (incl. rollovers in) | $2,173,120 |
| Administrative expenses paid from the plan | $498,592 |
| Investment advisory & management fees | $139,425 |
| Other admin expenses | $600 |
| Benefits paid out | $54,320,924 |
| Net assets, start / end of year | $446.0M / $479.3M |
| Active participants, start / end of year | 4,148 / 4,141 |
| Participants with account balances | 5,084 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Kronick Kalada Berdy & Co P.C. |
Largest service providers (Schedule C)
| Empower Annuity Insurance Company O | $445,958 reported compensation |
| Capital Strategies Investment Group | $75,000 reported compensation |
| Charles Schwab Trust Bank | $37,451 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251010123228NAL0007720705001, received 2025-10-10, EIN 57-1149631, plan #004, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.