Plan Ledger DOL Form 5500 · updated monthly

Air & Space Forces Association401(k)

AIR & SPACE FORCES ASSOCIATION 401(K) RETIREMENT PLAN · ARLINGTON, VA · plan year 2024

Reported admin expense ratio · 2024
0.10%

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

Air & Space Forces Association reported $13,237 in plan administrative expenses for 2024: 0.10% of average plan assets, lower than ~75% of peers. Employer contributions averaged $11,211 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 1 year on file its reported administrative ratio fell from 0.56% to 0.10%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other other services employers. By assets it is among the smaller plans on file in Virginia (1,235th of 2,266), and the 1,341st of 3,341 in other services. In 2024, the employer put in $1.02 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$14,125,203
Participants with balances128
Active participants85
Employer contributions$952,918
Employee contributions$935,026
Employer contribution per active participant$11,211
Average account balance$110,353
Benefits paid to participants$2,135,188
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2024$14.1M · 128 accts · $953K emplr
2023$12.6M · 131 accts · $879K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$13,237
Total administrative$13,237
The Air & Space Forces Association 401(k) match · 2024
Employer contribution per active participant$11,211
Median for plans this size$2,416
2024$11,211 per active participant
2023$10,469 per active participant

Air & Space Forces Association's 2024 employer contribution ran above the $2,416 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 · 20242
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator$76,334
WELLS FARGO CLEARING SVCS (WF ADVS) · 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 history2
2024$13,237 · 0.10%
2023$63,163 · 0.56%
Similar plansOther Services · Virginia
Reston Association VA$14.5M · 0.20%
Chemsolv, Inc. VA$12.8M · 0.42%
Mohenis Services, Inc. VA$12.7M · 0.92%

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Source: U.S. Department of Labor, Form 5500 series, EIN 526043929 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.