Alpha Industries Management, Inc. 401(k) Review & Grade
Alpha Industries Management, Inc. 401(k) Plan
Pampano Beach, FLManufacturing816 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$1,779Employer $ per active participant
$5,254Employee $ saved per active participant
0.40%Direct admin cost, % of plan assets
$56.8MNet plan assets, end of year
$99,746Average balance per account
Score breakdown
- Employer generosity18.6 / 5037th percentile for employer $ per participant
- Low cost7.5 / 2530th percentile for low admin cost vs. same-size plans
- Employee saving8.2 / 1555th percentile for employee $ per participant
- Plan features3 / 10Default investment
Total score37 / 100 · Grade D
This plan vs. peers
Peers: Manufacturing plans with 500–2,499 active participants (2,376 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 37th |
| Lower admin cost | 30th |
| Employee saving | 55th |
| 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
- Alpha Industries Management put in about $1,779 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.
- Direct plan expenses (0.40% of assets) are well above similar-size plans (0.23%). Check your annual fee disclosure, choose low-cost index funds if you can, and think about whether savings beyond the match belong in an IRA.
- 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 | $1,451,462 |
| Participant (employee) contributions | $4,287,184 |
| Other contributions (incl. rollovers in) | $1,224,368 |
| Administrative expenses paid from the plan | $209,085 |
| Contract administrator fees | $106,845 |
| Investment advisory & management fees | $51,120 |
| Other admin expenses | $51,120 |
| Benefits paid out | $3,034,470 |
| Net assets, start / end of year | $46.6M / $56.8M |
| Active participants, start / end of year | 822 / 810 |
| Participants with account balances | 569 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Berkowitz Pollack Brant |
Largest service providers (Schedule C)
| Principal Life Insurance Company | $106,845 reported compensation |
| Merrill Lynch Pierce Fenner & Smith | $102,471 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251015141201NAL0004790113001, received 2025-10-15, EIN 22-3165358, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.