Plan Ledger DOL Form 5500 · updated monthly

Aerospace Science and Technology Center, Inc.401(k)

ASTEC EMPLOYEES 401(K) PLAN · OKLAHOMA CITY, OK · plan year 2024

Reported admin expense ratio · 2024
2.26%

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

Aerospace Science and Technology Center, Inc. reported $54,218 in plan administrative expenses for 2024: 2.26% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,616 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 2.26%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other educational services employers. By assets it is among the smaller plans on file in Oklahoma (624th of 724), and 2,790th of 3,091 in educational services. In 2024, employees put in $1.10 for every $1.00 the employer contributed; active participation has grown from 104 to 121 since 2022.

Plan summary
Net assets, end of year$2,551,106
Participants with balances205
Active participants121
Employer contributions$195,482
Employee contributions$214,098
Employer contribution per active participant$1,616
Average account balance$12,444
Benefits paid to participants$354,950
Plan auditUnmodified (clean) audit opinion
AuditorEIDE BALLY LLP
Plan history3
Yearassets · accounts · employer contribution
2024$2.6M · 205 accts · $195K emplr
2023$2.2M · 170 accts · $174K emplr
2022$2.0M · 144 accts · $161K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$54,218
Total administrative$54,218
The Aerospace Science and Technology Center, Inc. 401(k) match · 2024
Employer contribution per active participant$1,616
Median for plans this size$1,313
2024$1,616 per active participant
2023$1,959 per active participant
2022$1,550 per active participant

Aerospace Science and Technology Center, Inc.'s 2024 employer contribution ran above the $1,313 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 · 20244
PENSION SOLUTIONS, INC. · Contract administrator$9,942
EIDE BAILLY LLP · Accounting / audit$8,800
AMERIPRISE FINANCIAL SERVICES LLCindirect comp

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$54,218 · 2.26%
2023$55,379 · 2.64%
2022$41,657 · 2.37%
Similar plansEducational Services · Oklahoma
Westminster School OK$13.2M · 0.22%
Tulsa Educare, Inc. OK$6.3M · 0.05%
Dove Schools, Inc. OK$5.7M · 0.54%
Fscx, Inc. OK$2.4M · 0.17%

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Source: U.S. Department of Labor, Form 5500 series, EIN 731577092 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.