Plan Ledger DOL Form 5500 · updated monthly

Aero Instruments & Avionics, Inc.ESOP

AERO INSTRUMENTS & AVIONICS, INC. EMPLOYEE STOCK OWNERSHIP PLAN · DEPEW, NY · plan year 2024

Employer contribution per participant · 2024
$18,415

Aero Instruments & Avionics, Inc.'s 2024 Form 5500 did not separately report plan administrative expenses, which is common where recordkeeping is paid through investment revenue-sharing or a master trust. The plan held $59,327,299 across 153 participant accounts, with employer contributions averaging $18,415 per active participant. See methodology for what Form 5500 does and doesn't capture.

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 the 1,210th-largest of 5,648 plans among New York employers on file, and the 2,789th of 13,661 in manufacturing.

Plan summary
Net assets, end of year$59,327,299
Participants with balances153
Active participants89
Employer contributions$1,638,896
Employee contributions—
Employer contribution per active participant$18,415
Average account balance$387,760
Benefits paid to participants$2,008,508
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$59.3M · 153 accts · $1.6M emplr
2023$28.9M · 142 accts · $400K emplr
2022$23.2M · 148 accts · $329K emplr
Employer contributions to the Aero Instruments & Avionics, Inc. plan · 2024
Employer contribution per active participant$18,415
Median for plans this size$2,416
2024$18,415 per active participant
2023$5,128 per active participant
2022$3,915 per active participant

Aero Instruments & Avionics, Inc.'s 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top 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.

Administrative cost history3
2024Not separately reported
2023Not separately reported
2022Not separately reported
All plans at this employer2
AERO INSTRUMENTS AND AVIONICS, INC. SALARY DEFERRAL PLAN401(k)
AERO INSTRUMENTS & AVIONICS, INC. EMPLOYEE STOCK OWNERSHIP PLANESOP
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Source: U.S. Department of Labor, Form 5500 series, EIN 160961901 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.