Plan Ledger DOL Form 5500 · updated monthly

Aerospace Testing Engineering & Certification, LLC401(k)

AEROTEC 401(K) RETIREMENT PLAN · SEATTLE, WA · plan year 2024

Reported admin expense ratio · 2024
0.64%

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

Aerospace Testing Engineering & Certification, LLC reported $59,329 in plan administrative expenses for 2024: 0.64% of average plan assets, above the peer median. Employer contributions averaged $4,158 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 0.58% to 0.64%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Washington (1,027th of 1,714), and 7,749th of 11,654 in professional & technical services. In 2024, employees put in $2.64 for every $1.00 the employer contributed; active participation has shrunk from 111 to 97 since 2022.

Plan summary
Net assets, end of year$10,811,168
Participants with balances174
Active participants97
Employer contributions$403,318
Employee contributions$1,065,462
Employer contribution per active participant$4,158
Average account balance$62,133
Benefits paid to participants$1,175,078
Plan auditUnmodified (clean) audit opinion
AuditorVERITY ACCOUNTANCY, PC
Plan history3
Yearassets · accounts · employer contribution
2024$10.8M · 174 accts · $403K emplr
2023$7.8M · 185 accts · $405K emplr
2022$6.5M · 195 accts · $384K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$53,744
Total administrative$59,329
The Aerospace Testing Engineering & Certification, LLC 401(k) match · 2024
Employer contribution per active participant$4,158
Median for plans this size$1,313
2024$4,158 per active participant
2023$3,554 per active participant
2022$3,461 per active participant

Aerospace Testing Engineering & Certification, LLC's 2024 employer contribution ran above the $1,313 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20244
JOHN HANCOCK LIFE INSURANCE COMPANY · Recordkeeping · Investment management$1,608
PENSION PLAN SPECIALISTS · Pension consulting$24,410
CENTAURUS FINANCIAL, INC. · Insurance broker · Investment advisory (plan)$18,012
USI SECURITIES, INC. · Insurance broker · Investment advisory (plan)$12,274

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

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$59,329 · 0.64%
2023$47,972 · 0.67%
2022$42,345 · 0.58%
Same employer
Similar plansProfessional & Technical Services · Washington
Sazan Group, Inc. WA$11.0M · 0.59%
The Rushing Company WA$10.8M · 0.01%
Cloudfit Software LLC WA$10.7M · 0.63%
Strategies 360, Inc. WA$10.6M · 0.62%
Auction Edge WA$10.5M · 0.65%

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Source: U.S. Department of Labor, Form 5500 series, EIN 400002670 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.