Altium Packaging LP 401(k) Review & Grade
Altium Packaging 401(k) Plan
Atlanta, GAManufacturing2,742 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$1,458Employer $ per active participant
$4,285Employee $ saved per active participant
0.11%Direct admin cost, % of plan assets
$159.8MNet plan assets, end of year
$51,581Average balance per account
Score breakdown
- Employer generosity8.7 / 5017th percentile for employer $ per participant
- Low cost13.5 / 2554th percentile for low admin cost vs. same-size plans
- Employee saving4.2 / 1528th percentile for employee $ per participant
- Plan features3 / 10Default investment
Total score29 / 100 · Grade F
This plan vs. peers
Peers: Manufacturing plans with 2,500–9,999 active participants (566 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 17th |
| Lower admin cost | 54th |
| Employee saving | 28th |
| Peers that auto-enroll | 70% |
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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
- Altium Packaging LP put in about $1,458 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.
- 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 | $3,998,788 |
| Participant (employee) contributions | $11,750,383 |
| Other contributions (incl. rollovers in) | $3,035,419 |
| Administrative expenses paid from the plan | $167,122 |
| Contract administrator fees | $300 |
| Other admin expenses | $58,000 |
| Benefits paid out | $19,542,096 |
| Net assets, start / end of year | $141.8M / $159.8M |
| Active participants, start / end of year | 2,143 / 3,342 |
| Participants with account balances | 3,098 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Windham Brannon, LLC |
Largest service providers (Schedule C)
| Fidelity Investments Institutional | $107,922 reported compensation |
| Morgan Stanley | $58,000 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251002095709NAL0000502160001, received 2025-10-02, EIN 06-1056158, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.