Plan Ledger DOL Form 5500 · updated monthly

Air Distribution Enterprises Inc.401(k)

AIR DISTRIBUTION ENTERPRISES INC. 401(K) PLAN · FREEPORT, NY · plan year 2024

Reported admin expense ratio · 2024
0.31%

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

Air Distribution Enterprises Inc. reported $64,112 in plan administrative expenses for 2024: 0.31% of average plan assets, above the peer median. Employer contributions averaged $2,542 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 0.31%. 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 2,274th-largest of 5,648 plans among New York employers on file, and the 1,653rd of 4,246 in wholesale trade. In 2024, employees put in $1.99 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$23,599,052
Participants with balances119
Active participants164
Employer contributions$416,905
Employee contributions$828,425
Employer contribution per active participant$2,542
Average account balance$198,311
Benefits paid to participants$347,580
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$23.6M · 119 accts · $417K emplr
2023$18.4M · 123 accts · $365K emplr
2022$14.3M · 116 accts · $558K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$6,543
Investment management$38,870
Audit (IQPA)$18,699
Total administrative$64,112
The Air Distribution Enterprises Inc. 401(k) match · 2024
Employer contribution per active participant$2,542
Median for plans this size$2,416
2024$2,542 per active participant
2023$2,309 per active participant
2022$3,672 per active participant

Air Distribution Enterprises Inc.'s 2024 employer contribution ran above 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
AMERICAN PORTFOLIOS ADVISORS · Investment advisory (plan)$38,870
LILLING & COMPANY LLP$18,699
UNITED BENEFIT PENSIONS INC · Contract administrator$7,120
CAPITAL GROUP RETIREMENT PLAN SERVI$125

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$64,112 · 0.31%
2023$36,324 · 0.22%
2022$46,389 · 0.30%
Similar plansWholesale Trade · New York
Clare Rose, Inc. NY$25.6M · 0.43%
Korg USA Inc. NY$24.8M · 0.25%
Vanguard Direct NY$24.7M · 0.31%
Military Car Sales, Inc. NY$23.9M · 0.05%
Imperial Pools, Inc. NY$23.6M · 0.61%
S&K Distribution, LLC NY$23.2M · 0.41%
Dreamwear Inc. NY$22.9M · 0.21%
Tarte, Inc. NY$22.5M · 0.24%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 112853894 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.