Plan Ledger DOL Form 5500 · updated monthly

Aero Test Group401(k)

AERO TEST GROUP 401(K) PROFIT SHARING PLAN AND TRUST · WIXOM, MI · plan year 2024

Reported admin expense ratio · 2024
0.25%

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

Aero Test Group reported $58,055 in plan administrative expenses for 2024: 0.25% of average plan assets, below the peer median. Employer contributions averaged $3,941 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 0.22% to 0.25%. 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 894th-largest of 2,619 plans among Michigan employers on file, and the 5,182nd of 13,661 in manufacturing. In 2024, employees put in $3.03 for every $1.00 the employer contributed; active participation has shrunk from 148 to 133 since 2022.

Plan summary
Net assets, end of year$24,607,335
Participants with balances221
Active participants133
Employer contributions$524,148
Employee contributions$1,589,965
Employer contribution per active participant$3,941
Average account balance$111,345
Benefits paid to participants$2,335,787
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$24.6M · 221 accts · $524K emplr
2023$22.3M · 228 accts · $481K emplr
2022$20.4M · 239 accts · $544K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$58,055
Total administrative$58,055
The Aero Test Group 401(k) match · 2024
Employer contribution per active participant$3,941
Median for plans this size$2,416
2024$3,941 per active participant
2023$3,592 per active participant
2022$3,675 per active participant

Aero Test Group'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 · 20245
ADP, INC. · Loan processing · Recordkeeping$26,116
ROYAL ALLIANCE ASSOCIATES, INC. · Recordkeeping · Pension consulting$23,883
SECURITIES AMERICA, INC. · Trustee · Other services$22,192
ERISA FIDUCIARY SERVICES INC. · Recordkeeping · Trustee$8,900
ADP BROKER-DEALERindirect comp

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

Recordkeeper by year2
2024ADP, ERISA FIDUCIARY SERVICES INC., ROYAL ALLIANCE ASSOCIATES, INC., SECURITIES AMERICA, INC.
2023ADP, ERISA FIDUCIARY SERVICES INC., SECURITIES AMERICA, INC.

This plan has changed recordkeepers within these filings. If you left Aero Test Group before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$58,055 · 0.25%
2023$85,688 · 0.40%
2022$48,542 · 0.22%
Same employer
Similar plansManufacturing · Michigan
Howard Miller Company MI$25.0M · 0.38%
Incoe Corporation MI$24.9M · 0.02%
Gonzalez Production Systems MI$24.7M · 0.01%
Cog Marketers, LTD MI$24.5M · 0.05%
Nagel Precision Inc MI$24.4M · 0.00%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 381894836 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.