Plan Ledger DOL Form 5500 · updated monthly

Aerohead Group, Inc.401(k)

THE CONTRACTORS RETIREMENT PLAN · SPRING BRANCH, TX · plan year 2023

Reported admin expense ratio · 2023
0.41%

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

Aerohead Group, Inc. reported $14,000 in plan administrative expenses for 2023: 0.41% of average plan assets, below the peer median. Employer contributions averaged $5,656 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 3 years on file its reported administrative ratio has held roughly steady near 0.44%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in Texas (4,446th of 5,688), and 4,393rd of 5,337 in construction. In 2023, the employer put in $18.61 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$3,476,726
Participants with balances163
Active participants152
Employer contributions$859,641
Employee contributions$46,188
Employer contribution per active participant$5,656
Average account balance$21,330
Benefits paid to participants$1,169,505
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$2.9M · 137 accts · $39K emplr
2023$3.5M · 163 accts · $860K emplr
2022$3.4M · 194 accts · $1.5M emplr
Administrative expenses, itemized · 2023
Audit (IQPA)$14,000
Total administrative$14,000
The Aerohead Group, Inc. 401(k) match · 2023
Employer contribution per active participant$5,656
Median for plans this size$1,308
2024$263 per active participant
2023$5,656 per active participant
2022$9,753 per active participant

Aerohead Group, Inc.'s 2023 employer contribution ran above the $1,308 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.

What these fees cost you

Annual cost at the plan's reported 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history3
2024$14,000 · 0.44%
2023$14,000 · 0.41%
2022$14,000 · 0.42%
Similar plansConstruction · Texas
Lawton Group LLC TX$3.4M · 1.26%
J.K. Wilson, Inc. TX$3.4M · 0.12%
Yc Partners, LTD., TX$3.4M · 0.77%
Empire Roofing, Inc. TX$3.3M · 0.47%

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Source: U.S. Department of Labor, Form 5500 series, EIN 742880139 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.