Plan Ledger DOL Form 5500 · updated monthly

Aar Corp.401(k)

AAR CORP. RETIREMENT SAVINGS PLAN · WOOD DALE, IL · plan year 2024

Reported admin expense ratio · 2024
0.08%

Peer grade: C · admin costs + employer contributions vs same-size plans · how grading works

Aar Corp. reported $399,733 in plan administrative expenses for 2024: 0.08% of average plan assets, above the peer median. Employer contributions averaged $2,318 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio fell from 0.081% to 0.077%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other transportation & warehousing employers. By assets it is the 138th-largest of 3,702 plans among Illinois employers on file, and the 71st of 2,677 in transportation & warehousing. In 2024, employees put in $2.96 for every $1.00 the employer contributed; active participation has grown from 2,912 to 4,137 since 2022.

Plan summary
Net assets, end of year$557,334,021
Participants with balances7,667
Active participants4,137
Employer contributions$9,590,777
Employee contributions$28,400,628
Employer contribution per active participant$2,318
Average account balance$72,693
Benefits paid to participants$55,583,680
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$557.3M · 7,667 accts · $9.6M emplr
2023$487.3M · 7,214 accts · $8.4M emplr
2022$386.8M · 6,420 accts · $10.3M emplr
The Aar Corp. 401(k) match · 2024
Employer contribution per active participant$2,318
Median for plans this size$4,294
2024$2,318 per active participant
2023$2,179 per active participant
2022$3,529 per active participant

Aar Corp.'s 2024 employer contribution ran below the $4,294 median for plans its size, in the bottom quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
THE VANGUARD GROUP, INC. · Recordkeeping · Trustee (directed)$414,429
VANGUARD ADVISERS INC. · Investment advisory (participants)$19,554

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024Vanguard
2023Vanguard

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$399,733 · 0.08%
2023$351,504 · 0.08%
2022$345,576 · 0.08%
Same employer
Similar plansTransportation & Warehousing · Illinois
United Airlines, Inc. IL$16.8B · 0.18%
Reyes Holdings, L.L.C. IL$2.1B · 0.09%
Univar Solutions USA Inc. IL$1.1B · 0.12%
Grand Trunk Corporation IL$767.3M · 0.08%
Hub Group, Inc. IL$303.3M · 0.16%
Echo Global Logistics, Inc. IL$199.3M · 0.24%
Transdev North America, Inc. IL$160.1M · 0.21%

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Source: U.S. Department of Labor, Form 5500 series, EIN 362334820 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.