Plan Ledger DOL Form 5500 · updated monthly

Air Cruisers Company, LLC401(k)

AIR CRUISERS 401(K) PLAN · WALL, NJ · 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 Cruisers Company, LLC reported $73,657 in plan administrative expenses for 2024: 0.10% of average plan assets, below the peer median. Employer contributions averaged $7,107 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 0.10%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other manufacturing employers. By assets it is the 447th-largest of 2,419 plans among New Jersey employers on file, and the 2,378th of 13,661 in manufacturing. In 2024, the employer put in $1.21 for every $1.00 employees contributed themselves; active participation has grown from 313 to 371 since 2022.

Plan summary
Net assets, end of year$73,446,407
Participants with balances495
Active participants371
Employer contributions$2,636,719
Employee contributions$2,183,319
Employer contribution per active participant$7,107
Average account balance$148,377
Benefits paid to participants$9,403,698
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$73.4M · 495 accts · $2.6M emplr
2023$68.1M · 477 accts · $2.6M emplr
2022$56.4M · 420 accts · $2.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$19,282
Investment management$25,500
Audit (IQPA)$28,875
Total administrative$73,657
The Air Cruisers Company, LLC 401(k) match · 2024
Employer contribution per active participant$7,107
Median for plans this size$3,635
2024$7,107 per active participant
2023$6,766 per active participant
2022$7,121 per active participant

Air Cruisers Company, LLC's 2024 employer contribution ran above the $3,635 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 · 20243
JOHN HANCOCK · Recordkeeping · Loan processing$19,454
COHNREZNICK LLP · Accounting / audit$28,875
CAPFINANCIAL PLANNERS, LLC. · Investment advisory (plan)$25,500

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$73,657 · 0.10%
2023$77,697 · 0.12%
2022$67,568 · 0.11%
Similar plansManufacturing · New Jersey
Richards Mfg Co Sales LLC NJ$75.0M · 0.01%
Wacoal America, Inc. NJ$74.7M · 0.09%
Clayton Block Company, Inc. NJ$73.4M · 0.05%
Sekisui America Corporation NJ$73.2M · 0.26%
Amano USA Holdings, Inc. NJ$70.7M · 0.43%

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Source: U.S. Department of Labor, Form 5500 series, EIN 061644713 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.