Plan Snapshot
- Plan Sponsor: Allego INC
- Sponsor EIN: 371884196
- Sponsor Address: 130 TURNER STREET, WALTHAM, MA, 02453
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 180
- Total Assets: $18.6M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2025 | 180 | $18.6M | $0 | $0 |
| 2024 | 125 | $14.6M | $233,382 | $1.6M |
| 2023 | 132 | $12.2M | $273,528 | $1.8M |
| 2022 | 166 | $8.8M | $294,943 | $1.9M |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| THE ASCENT GROUP, LLC | Other Service Provider | — | $50,100 | $50,100 |
| ASCENSUS | Recordkeeper | — | $9,350 | $9,350 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $59,450
- Estimated Expense Ratio: 0.320% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2025 | $908,056 | — | $75,911 | — | — |
| 2024 | $79,509 | — | $79,509 | — | — |
| 2023 | $46,356 | — | $46,356 | — | — |
| 2022 | $42,996 | — | $42,996 | — | — |