Plan Ledger DOL Form 5500 · updated monthly

Aeroflow Healthcare, Inc.401(k)

AEROFLOW HEALTHCARE, INC. 401(K) PLAN · ASHEVILLE, NC · plan year 2024

Reported admin expense ratio · 2024
0.77%

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

Aeroflow Healthcare, Inc. reported $93,446 in plan administrative expenses for 2024: 0.77% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,577 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 1.02% to 0.77%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other retail trade employers. By assets it is the 898th-largest of 2,005 plans among North Carolina employers on file, and the 1,947th of 5,215 in retail trade. In 2024, employees put in $1.46 for every $1.00 the employer contributed; active participation has grown from 334 to 888 since 2022.

Plan summary
Net assets, end of year$14,578,120
Participants with balances275
Active participants888
Employer contributions$1,400,125
Employee contributions$2,045,605
Employer contribution per active participant$1,577
Average account balance$53,011
Benefits paid to participants$1,201,348
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$14.6M · 275 accts · $1.4M emplr
2023$9.8M · 293 accts · $772K emplr
2022$6.7M · 208 accts · $589K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$93,446
Total administrative$93,446
The Aeroflow Healthcare, Inc. 401(k) match · 2024
Employer contribution per active participant$1,577
Median for plans this size$2,416
2024$1,577 per active participant
2023$1,715 per active participant
2022$1,762 per active participant

Aeroflow Healthcare, Inc.'s 2024 employer contribution ran below 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
ONEDIGITAL INVESTMENT ADVISORS LLC · Investment advisory (plan)$29,715
EMPOWER ADVISORY GROUP, LLC · Investment management$10,802

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$93,446 · 0.77%
2023$66,001 · 0.80%
2022$64,154 · 1.02%
Same employer
Similar plansRetail Trade · North Carolina
Lee Motor Group Inc. NC$16.2M · 0.12%
Transource, Inc. NC$15.2M · 0.00%
Fleet Feet, Incorporated NC$14.2M · 0.60%
Sherrill, Inc. NC$14.0M · 0.64%
C.R.T.S., Inc. NC$14.0M · 0.36%

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Source: U.S. Department of Labor, Form 5500 series, EIN 562222382 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.