Plan Ledger DOL Form 5500 · updated monthly

Aerospace Technologies Group, Inc.401(k)

ATG RETIREMENT SAVINGS PLAN · BOCA RATON, FL · plan year 2024

Reported admin expense ratio · 2024
0.83%

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

Aerospace Technologies Group, Inc. reported $54,994 in plan administrative expenses for 2024: 0.83% of average plan assets, above the peer median. Employer contributions averaged $1,377 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 4 years on file its reported administrative ratio has held roughly steady near 0.83%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Florida (2,153rd of 3,644), and 10,146th of 13,661 in manufacturing. In 2024, employees put in $2.00 for every $1.00 the employer contributed; active participation has grown from 107 to 200 since 2021.

Plan summary
Net assets, end of year$7,044,896
Participants with balances159
Active participants200
Employer contributions$275,389
Employee contributions$551,939
Employer contribution per active participant$1,377
Average account balance$44,308
Benefits paid to participants$842,390
Plan auditUnmodified (clean) audit opinion
AuditorCOHENREZNICK LLP
Plan history4
Yearassets · accounts · employer contribution
2024$7.0M · 159 accts · $275K emplr
2023$6.2M · 138 accts · $231K emplr
2022$5.0M · 132 accts · $217K emplr
2021$6.5M · 132 accts · $228K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$26,058
Investment management$28,936
Total administrative$54,994
The Aerospace Technologies Group, Inc. 401(k) match · 2024
Employer contribution per active participant$1,377
Median for plans this size$1,313
2024$1,377 per active participant
2023$1,518 per active participant
2022$1,908 per active participant
2021$2,132 per active participant

Aerospace Technologies Group, 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 · 20243
JOHN HANCOCK USA · Recordkeeping · Investment management$25,658
REGIONS BANK · Investment advisory (participants)$18,408
UNITED CAPITAL FINANCIAL ADV · Investment advisory (participants)$10,528

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

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Administrative cost history4
2024$54,994 · 0.83%
2023$47,649 · 0.85%
2022$45,576 · 0.79%
2021$51,710 · 0.86%
Same employer
Similar plansManufacturing · Florida
Molekule Group, Inc. FL$7.2M · 0.40%
03 USA, Inc. FL$7.0M · 0.63%
Tse Industries, Inc. FL$7.0M · 0.49%
Lidworks, Co. FL$6.9M · 0.72%

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Source: U.S. Department of Labor, Form 5500 series, EIN 650868151 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.