Plan Ledger DOL Form 5500 · updated monthly

Air General, Inc.401(k)

AIR GENERAL, INC. 401(K) PROFIT SHARING PLAN · PORTSMOUTH, NH · plan year 2024

Reported admin expense ratio · 2024
0.87%

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

Air General, Inc. reported $82,630 in plan administrative expenses for 2024: 0.87% of average plan assets, higher than ~75% of peers. Employer contributions averaged $666 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 0.81% to 0.87%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other transportation & warehousing employers. By assets it is among the smaller plans on file in New Hampshire (263rd of 411), and the 1,136th of 2,677 in transportation & warehousing. In 2024, employees put in $2.72 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$10,282,001
Participants with balances650
Active participants663
Employer contributions$441,337
Employee contributions$1,198,837
Employer contribution per active participant$666
Average account balance$15,818
Benefits paid to participants$1,109,293
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$10.3M · 650 accts · $441K emplr
2023$8.7M · 518 accts · $361K emplr
2022$7.0M · 519 accts · $281K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$82,593
Total administrative$82,630
The Air General, Inc. 401(k) match · 2024
Employer contribution per active participant$666
Median for plans this size$1,313
2024$666 per active participant
2023$564 per active participant
2022$450 per active participant

Air General, Inc.'s 2024 employer contribution ran below the $1,313 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
ASCENSUS HOLDINGS INC DBA · Contract administrator$30,336
EMPOWER ADVISORY GROUP, LLC · Investment management$28,658
GLOBAL RETIREMENT PARTNERS · Investment advisory (plan)$22,515

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$82,630 · 0.87%
2023$62,185 · 0.79%
2022$59,937 · 0.81%
Same employer
Similar plansTransportation & Warehousing · New Hampshire
Planesense, Inc. NH$36.1M · 0.10%
Law Family Companies NH$16.4M · 0.20%
Ross Express LLC NH$12.4M · 0.19%
Concord Coach Lines, Inc. NH$11.8M · 0.11%
Elevate Holdings Inc NH$4.7M · 1.10%
Jalbert Leasing, Inc NH$4.4M · 0.34%

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Source: U.S. Department of Labor, Form 5500 series, EIN 042220326 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.