Alzheimer's Association 401(k) Review & Grade
Alzheimer's Association Retirement and Savings Plan
Chicago, ILOther Services1,750 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$8,927Employer $ per active participant
$7,273Employee $ saved per active participant
0.03%Direct admin cost, % of plan assets
$276.9MNet plan assets, end of year
$89,909Average balance per account
Score breakdown
- Employer generosity48.5 / 5097th percentile for employer $ per participant
- Low cost23.5 / 2594th percentile for low admin cost vs. same-size plans
- Employee saving13.1 / 1587th percentile for employee $ per participant
- Plan features3 / 10Default investment
- Red-flag deductions-10 pts1 issue reported on the filing
Total score78 / 100 · Grade A
This plan vs. peers
Peers: Other Services plans with 500–2,499 active participants (333 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 97th |
| Lower admin cost | 94th |
| Employee saving | 87th |
| Peers that auto-enroll | 40% |
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Red flags from the filing
Benefits not paid when due: the plan reported failing to pay some benefits on time.
What to do if you're in this plan
- Alzheimer's Association put in about $8,927 per active participant, more than the typical peer ($1,257). 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 | $15,622,618 |
| Participant (employee) contributions | $12,728,161 |
| Other contributions (incl. rollovers in) | $1,994,702 |
| Administrative expenses paid from the plan | $65,658 |
| Benefits paid out | $25,936,612 |
| Net assets, start / end of year | $239.1M / $276.9M |
| Active participants, start / end of year | 1,739 / 1,761 |
| Participants with account balances | 3,080 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Grant Thornton LLP |
Largest service providers (Schedule C)
| Fidelity Investments Institutional | $65,658 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20250826062552NAL0008479809001, received 2025-08-26, EIN 13-3039601, plan #002, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.