Plan Ledger DOL Form 5500 · updated monthly

Aersale401(k)

AERSALE 401(K) PLAN · CORAL GABLES, FL · plan year 2024

Reported admin expense ratio · 2024
0.09%

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

Aersale reported $20,695 in plan administrative expenses for 2024: 0.09% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,376 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 0.08% to 0.09%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other wholesale trade employers. By assets it is the 944th-largest of 3,644 plans among Florida employers on file, and the 1,576th of 4,246 in wholesale trade. In 2024, employees put in $1.51 for every $1.00 the employer contributed; active participation has grown from 539 to 681 since 2022.

Plan summary
Net assets, end of year$25,036,298
Participants with balances777
Active participants681
Employer contributions$1,617,829
Employee contributions$2,435,083
Employer contribution per active participant$2,376
Average account balance$32,222
Benefits paid to participants$3,795,738
Plan auditUnmodified (clean) audit opinion
AuditorKSDT
Plan history3
Yearassets · accounts · employer contribution
2024$25.0M · 777 accts · $1.6M emplr
2023$21.8M · 687 accts · $1.5M emplr
2022$16.4M · 615 accts · $1.3M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$20,695
Total administrative$20,695
The Aersale 401(k) match · 2024
Employer contribution per active participant$2,376
Median for plans this size$2,416
2024$2,376 per active participant
2023$2,487 per active participant
2022$2,336 per active participant

Aersale'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 · 20244
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$20,694
WELLS FARGO CLEARING SERVICES LLC · Other servicesindirect comp
MORNINGSTAR INVESTMENT MANAGEMENT L · Investment advisory (participants)indirect comp
WILSHIRE ADVISORS LLC · Investment advisory (plan)indirect 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$20,695 · 0.09%
2023$15,179 · 0.08%
2022$13,552 · 0.08%
Same employer
Similar plansWholesale Trade · Florida
Wesco Turf, Inc. FL$27.5M · 0.32%
Wetherill Associates, Inc. FL$27.3M · 0.02%
Intradeco, Inc. FL$26.9M · 0.36%
Tabacalera USA Inc. FL$24.9M · 0.37%
Chadwell Supply, Inc. FL$24.1M · 1.01%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 263065158 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.