Plan Ledger DOL Form 5500 · updated monthly

Aero Air, LLC401(k)

AERO AIR, LLC 401(K) PROFIT SHARING PLAN AND TRUST · HILLSBORO, OR · plan year 2024

Reported admin expense ratio · 2024
0.71%

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

Aero Air, LLC reported $92,515 in plan administrative expenses for 2024: 0.71% of average plan assets, higher than ~90% of peers. Employer contributions averaged $3,406 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 0.63% to 0.71%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other transportation & warehousing employers. By assets it is the 450th-largest of 1,021 plans among Oregon employers on file, and the 936th of 2,677 in transportation & warehousing. In 2024, employees put in $2.09 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$14,235,485
Participants with balances280
Active participants208
Employer contributions$708,427
Employee contributions$1,483,153
Employer contribution per active participant$3,406
Average account balance$50,841
Benefits paid to participants$1,320,091
Plan auditUnmodified (clean) audit opinion
AuditorPERKINS & COMPANY, PC
Plan history3
Yearassets · accounts · employer contribution
2024$14.2M · 280 accts · $708K emplr
2023$11.9M · 291 accts · $668K emplr
2022$10.2M · 285 accts · $650K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$32,386
Investment management$31,579
Total administrative$92,515
The Aero Air, LLC 401(k) match · 2024
Employer contribution per active participant$3,406
Median for plans this size$2,416
2024$3,406 per active participant
2023$3,373 per active participant
2022$3,110 per active participant

Aero Air, LLC's 2024 employer contribution ran above the $2,416 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 · 20243
PHILLIPS & COMPANY ADVISORS LLC · Investment advisory (plan)$31,579
AERO AIR LLC$28,550

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

Administrative cost history3
2024$92,515 · 0.71%
2023$57,112 · 0.52%
2022$63,831 · 0.63%
Same employer
Similar plansTransportation & Warehousing · Oregon
May Trucking Company OR$25.1M · 0.18%
Omega Morgan Holdings Inc. OR$20.6M · 0.21%
Combined Transport, Inc. OR$14.5M · 0.15%
Walsh Trucking Company LTD OR$13.7M · 0.34%
Jubitz Corporation OR$10.2M · 0.22%

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Source: U.S. Department of Labor, Form 5500 series, EIN 931244163 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.