401(k) · DOL Form 5500 · 2023

Alvotech US Inc. 401(k) Plan

Data updated 2026-08-25

$3M
Total assets Small plan by assets
25
Participants Small participant base
38th
Percentile by assets National rank
$139,920
Avg per participant Near avg balance/head
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Official DOL plan name: Alvotech USA Savings Incentive Plan · Sponsored by Alvotech US Inc. · Virginia · Professional & Technical Services

$3M in assets, 25 participants

Alvotech US Inc.'s Alvotech USA Savings Incentive Plan reported $3M in total assets and 25 participants in its 2023 DOL Form 5500 filing, ranking in the 38th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • #7,133 in Professional & Technical Services (20,321 peers)

Alvotech US Inc. multi-year trail

Alvotech US Inc.'s plans moved +39.6% in assets from 2022 to 2024; this filing shows Alvotech USA Savings Incentive Plan at $3M / 25 participants.

#7,133
in Professional & Technical Services (20,321 peers)
+30.9%
assets growth YoY

Alvotech USA Savings Incentive Plan's mid-pack asset rank among Professional & Technical Services and all filers

Alvotech USA Savings Incentive Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$3,498,006 38th percentile higher than 38% of 127,068 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023

Alvotech USA Savings Incentive Plan among smaller filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Alvotech USA Savings Incentive Plan is a small filing (25 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Alvotech USA Savings Incentive Plan reported net income rose from $346K in the plan year 2022 filing to $826K in the plan year 2023 filing.
  • Alvotech USA Savings Incentive Plan end-of-year assets rose from $3M in the plan year 2022 filing to $3M in the plan year 2023 filing.
  • Alvotech USA Savings Incentive Plan reported participants rose from 21 in the plan year 2022 filing to 25 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 834239880 · Alvotech US Inc. PY 2023 · 401(k)

Alvotech USA Savings Incentive Plan · $3M · 25 · 38th

  • BOY $3M
  • BOY 25
  • BOY 38th
  • BOY 401(k)
  • BOY near The Brand Amp 401(k) Plan
  • BOY ind #7133

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Professional & Technical Services retirement plans → · Plans in Virginia →

Alvotech USA Savings Incentive Plan in the asset neighbourhood

Alvotech USA Savings Incentive PlanAlvotech USA Savings Incenti…$3MThe Brand Amp 401(k) Plan$3MGmrg 401(k) Plan$3MPpfa Retirement Plan$3MGuardian Bus Company, Inc. 401(k) PlanGuardian Bus Company, Inc. 4…$3M
End-of-year total assets ($M) among Alvotech USA Savings Incentive Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Alvotech US Inc. multi-year asset trail

Sponsor-wide plan assets over time

All Alvotech US Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$4M 39.58070305788821% vs 2022
2024 filing year
$2.5M$3M$3.5M$4M 202220232024 $2.67M $3.73M ▲ +39.7%
Year Plans Participants Total Assets
2022 1 21 $3M
2023 1 25 $3M
2024 1 13 $4M

Alvotech US Inc. filing trail (2023)

Total Assets (Beginning of Year)$3M
Net Assets (End of Year)$3M
Net Income$826K
Employer EIN834239880
Plan Effective Date2022-05-05
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in Virginia

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Alvotech USA Savings Incentive Plan vs. nearby 401(k) plans in Virginia, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -10010203040 Total assets ($B) Participants Alvotech USA Savings Incentive Plan, Total assets ($B): 0.003498006 · Participants: 25Alvotech USA Savings Incentive PlanNorthrop Grumman Savings Plan, Total assets ($B): 36.173098625 · Participants: 97987Northrop Grumman Savings Plan401(k) Pension Plan, Total assets ($B): 14.97867624 · Participants: 62467401(k) Pension PlanGeneral Dynamics Corporation 401(k) Plan 6.0, Total assets ($B): 11.167449098 · Participants: 48860General Dynamics Corporation 401(k) Plan 6.0Leidos, Inc. Retirement Plan, Total assets ($B): 10.583898778 · Participants: 27043Leidos, Inc. Retirement PlanBae Systems Employees' Savings and Investment Plan, Total assets ($B): 9.406287325 · Participants: 31681Bae Systems Employees' Savings and Investment Plan
Alvotech USA Savings Incentive Plan vs. nearby 401(k) plans in Virginia, assets vs. participants

Alvotech USA Savings Incentive Plan's out-of-state 401(k) peers by assets and headcount

Outside Virginia, the nearest 401(k) by assets is The Brand Amp 401(k) Plan in CA ($3M); by covered participants it is Pyromet 401(k) Plan in PA (25 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($3M here).

Similar participant headcount

Nearest other-state filings by covered participants (25 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Alvotech USA Savings Incentive Plan assets move in 2023?
Alvotech USA Savings Incentive Plan surged - up 30.9% during 2023, from $3M to $3M. Reported net income was $826K.
How have Alvotech US Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Alvotech US Inc.'s sponsor-wide assets grew 39.6%, from $3M to $4M.
Which 401(k) plans are similar in size to Alvotech USA Savings Incentive Plan?
Among 401(k) plans in other states, the closest by assets is The Brand Amp 401(k) Plan in CA ($3M, 82 participants).
Which 401(k) plans cover a similar participant headcount to Alvotech USA Savings Incentive Plan?
Among 401(k) plans in other states, the closest by covered participants is Pyromet 401(k) Plan in PA (25 participants, N/A in assets).