Plan Ledger DOL Form 5500 · updated monthly

Aero Gear, Inc.401(k)

AERO GEAR, INC. 401(K) PLAN · WINDSOR, CT · plan year 2024

Reported admin expense ratio · 2024
0.17%

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

Aero Gear, Inc. reported $30,836 in plan administrative expenses for 2024: 0.17% of average plan assets, below the peer median. Employer contributions averaged $930 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 0.13% to 0.17%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Connecticut (576th of 1,106), and the 6,201st of 13,661 in manufacturing. In 2024, employees put in $6.23 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$18,623,776
Participants with balances131
Active participants156
Employer contributions$145,121
Employee contributions$903,379
Employer contribution per active participant$930
Average account balance$142,166
Benefits paid to participants$2,004,024
Plan auditUnmodified (clean) audit opinion
AuditorBOBROW AND COMPANY PC
Plan history3
Yearassets · accounts · employer contribution
2024$18.6M · 131 accts · $145K emplr
2023$16.7M · 128 accts · $149K emplr
2022$14.0M · 126 accts · $133K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$7,545
Audit (IQPA)$23,291
Total administrative$30,836
The Aero Gear, Inc. 401(k) match · 2024
Employer contribution per active participant$930
Median for plans this size$2,416
2024$930 per active participant
2023$1,013 per active participant
2022$921 per active participant

Aero Gear, Inc.'s 2024 employer contribution ran below the $2,416 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 · 20243
BOBROW & COMPANY$23,291
PENSION CONSULTANTS, INC. · Other services$2,400

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$30,836 · 0.17%
2023$24,848 · 0.16%
2022$19,468 · 0.13%
Same employer
Similar plansManufacturing · Connecticut
Greenfield Global USA Inc. CT$19.5M · 0.17%
Creed 2.0, LLC CT$19.0M · 0.25%
Virginia Industries, Inc. CT$18.8M · 0.45%
Empire Industries, Inc. CT$18.2M · 0.35%
Accutron, Inc. CT$16.8M · 0.38%

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Source: U.S. Department of Labor, Form 5500 series, EIN 061053693 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.