Plan Ledger DOL Form 5500 · updated monthly

Air Fayre Ca Inc.401(k)

AIR FAYRE CA INC. 401K PLAN · GARDEN, CA · plan year 2022

Reported admin expense ratio · 2022
0.02%

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

Air Fayre Ca Inc. reported $697 in plan administrative expenses for 2022: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,356 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in California (7,431st of 9,483), and 11,791st of 13,661 in manufacturing. In 2022, employees put in $1.44 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$3,900,917
Participants with balances66
Active participants97
Employer contributions$131,487
Employee contributions$189,609
Employer contribution per active participant$1,356
Average account balance$59,105
Benefits paid to participants$340,247
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$697
Total administrative$697
The Air Fayre Ca Inc. 401(k) match · 2022
Employer contribution per active participant$1,356
Median for plans this size$1,114

Air Fayre Ca Inc.'s 2022 employer contribution ran above the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$697 · 0.02%
Same employer
Similar plansManufacturing · California
B-K Lighting, Inc. CA$3.9M · 0.78%
Synergeyes Inc CA$3.9M · 0.83%
Icon Aircraft, Inc. CA$3.9M · 0.54%
Fds Manufacturing Company CA$3.8M · 0.06%

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Source: U.S. Department of Labor, Form 5500 series, EIN 262570805 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.