Plan Ledger DOL Form 5500 · updated monthly

Abrams Airborne Manufacturing, Inc.401(k)

ABRAMS AIRBORNE MANUFACTURING, INC. 401(K) PSP & TRUST AGREEMENT · TUCSON, AZ · plan year 2024

Reported admin expense ratio · 2024
0.81%

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

Abrams Airborne Manufacturing, Inc. reported $50,650 in plan administrative expenses for 2024: 0.81% of average plan assets, above the peer median. Employer contributions averaged $673 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 rose from 0.75% to 0.81%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Arizona (752nd of 1,285), and 10,483rd of 13,661 in manufacturing. In 2024, employees put in $2.67 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$6,391,469
Participants with balances114
Active participants150
Employer contributions$100,981
Employee contributions$269,505
Employer contribution per active participant$673
Average account balance$56,066
Benefits paid to participants$756,701
Plan auditUnmodified (clean) audit opinion
AuditorADDINGTON & ASSOCIATES, PLLC
Plan history3
Yearassets · accounts · employer contribution
2024$6.4M · 114 accts · $101K emplr
2023$6.1M · 115 accts · $97K emplr
2022$6.0M · 107 accts · $89K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$25,620
Investment management$25,030
Total administrative$50,650
The Abrams Airborne Manufacturing, Inc. 401(k) match · 2024
Employer contribution per active participant$673
Median for plans this size$1,313
2024$673 per active participant
2023$625 per active participant
2022$624 per active participant

Abrams Airborne Manufacturing, Inc.'s 2024 employer contribution ran below the $1,313 median for plans its size. 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
JOHN HANCOCK LIFE INSURANCE CO USA · Recordkeeping · Investment management$510
PRINCIPAL SECURITIES, INC. · Investment advisory (participants)$25,030

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

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

Administrative cost history3
2024$50,650 · 0.81%
2023$48,074 · 0.80%
2022$51,251 · 0.75%
Same employer
Similar plansManufacturing · Arizona
United Metal Products AZ$6.6M · 0.18%
Innovative Health, LLC AZ$6.4M · 0.30%
Rauch North America, Inc. AZ$6.4M · 1.49%
Vantage Mobility, LLC AZ$5.9M · 0.52%

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Source: U.S. Department of Labor, Form 5500 series, EIN 860195762 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.