Plan Ledger DOL Form 5500 · updated monthly

Aermor, LLC401(k)

AERMOR 401(K) PLAN 002 · VIRGINIA BEACH, VA · plan year 2024

Reported admin expense ratio · 2024
1.07%

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

Aermor, LLC reported $97,547 in plan administrative expenses for 2024: 1.07% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,199 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 1.31% to 1.07%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Virginia (1,472nd of 2,266), and 8,045th of 11,654 in professional & technical services. In 2024, employees put in $5.62 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$9,835,940
Participants with balances246
Active participants234
Employer contributions$280,641
Employee contributions$1,575,858
Employer contribution per active participant$1,199
Average account balance$39,983
Benefits paid to participants$1,712,424
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$9.8M · 246 accts · $281K emplr
2023$8.5M · 263 accts · $304K emplr
2022$6.1M · 212 accts · $218K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$97,547
Total administrative$97,547
The Aermor, LLC 401(k) match · 2024
Employer contribution per active participant$1,199
Median for plans this size$1,313
2024$1,199 per active participant
2023$1,095 per active participant
2022$907 per active participant

Aermor, LLC'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 · 20241
JOHN HANCOCK LIFE INSURANCE COMPANY · Recordkeeping · Investment management$2,900

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$97,547 · 1.07%
2023$88,721 · 1.22%
2022$80,464 · 1.31%
Same employer
Similar plansProfessional & Technical Services · Virginia
Sky Solutions LLC VA$10.0M · 0.05%
Technatomy Corporation VA$9.8M · 0.02%
Executive 1 Hc LLC VA$9.7M · 0.49%
Indigo IT, LLC VA$9.7M · 0.43%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 272286039 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.