Alphasights Inc 401(k) Review & Grade
Alphasights, Inc. 401(k) Plan
New York, NYProfessional, Scientific & Technical Services561 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$4,910Employer $ per active participant
$9,008Employee $ saved per active participant
0.04%Direct admin cost, % of plan assets
$35.5MNet plan assets, end of year
$34,407Average balance per account
Score breakdown
- Employer generosity36.2 / 5072th percentile for employer $ per participant
- Low cost22.6 / 2591th percentile for low admin cost vs. same-size plans
- Employee saving7.4 / 1549th percentile for employee $ per participant
- Plan features0 / 10No auto-enrollment or default investment reported
Total score66 / 100 · Grade B
This plan vs. peers
Peers: Professional, Scientific & Technical Services plans with 500–2,499 active participants (1,469 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 72th |
| Lower admin cost | 91th |
| Employee saving | 49th |
| Peers that auto-enroll | 48% |
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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
- Alphasights put in about $4,910 per active participant, more than the typical peer ($3,082). Contribute at least enough to collect the full match. Skipping it leaves part of your pay on the table.
- 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 | $2,754,444 |
| Participant (employee) contributions | $5,053,221 |
| Other contributions (incl. rollovers in) | $64,965 |
| Administrative expenses paid from the plan | $12,117 |
| Contract administrator fees | $12,117 |
| Benefits paid out | $3,657,203 |
| Net assets, start / end of year | $26.7M / $35.5M |
| Active participants, start / end of year | 597 / 525 |
| Participants with account balances | 1,031 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Prager Metis CPA, LLC |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251015164629NAL0006964384001, received 2025-10-15, EIN 27-4200848, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.