Alamo Group Inc. 401(k) Review & Grade
The Alamo Group (USA) Inc. 401(k) Retirement and Savings Plan
Seguin, TXManufacturing2,396 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$1,693Employer $ per active participant
$5,478Employee $ saved per active participant
0.15%Direct admin cost, % of plan assets
$228.5MNet plan assets, end of year
$77,330Average balance per account
Score breakdown
- Employer generosity17.7 / 5035th percentile for employer $ per participant
- Low cost15.6 / 2562th percentile for low admin cost vs. same-size plans
- Employee saving8.8 / 1558th percentile for employee $ per participant
- Plan features3 / 10Default investment
Total score45 / 100 · Grade C
This plan vs. peers
Peers: Manufacturing plans with 500–2,499 active participants (2,376 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 35th |
| Lower admin cost | 62th |
| Employee saving | 58th |
| 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
- Alamo Group put in about $1,693 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 | $4,055,783 |
| Participant (employee) contributions | $13,122,408 |
| Other contributions (incl. rollovers in) | $2,870,282 |
| Administrative expenses paid from the plan | $343,608 |
| Contract administrator fees | $300 |
| Investment advisory & management fees | $143,705 |
| Benefits paid out | $36,950,999 |
| Net assets, start / end of year | $217.9M / $228.5M |
| Active participants, start / end of year | 2,634 / 2,157 |
| Participants with account balances | 2,955 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Whitley Penn LLP |
Largest service providers (Schedule C)
| Fidelity Investments Institutional | $199,903 reported compensation |
| Strategic Advisors, Inc. | $78,705 reported compensation |
| Capfinancial Partners LLC | $65,000 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20250908145302NAL0019576081001, received 2025-09-08, EIN 74-2149829, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.