Plan Ledger DOL Form 5500 · updated monthly

Air Hydro Power, LLC.401(k)

AIR HYDRO POWER, LLC 401(K) PLAN · LOUISVILLE, KY · plan year 2024

Reported admin expense ratio · 2024
0.01%

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

Air Hydro Power, LLC. reported $4,550 in plan administrative expenses for 2024: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,808 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 fell from 0.02% to 0.01%. 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 164th-largest of 871 plans among Kentucky employers on file, and the 959th of 4,246 in wholesale trade. In 2024, employees put in $2.57 for every $1.00 the employer contributed; active participation has grown from 269 to 367 since 2022.

Plan summary
Net assets, end of year$43,283,715
Participants with balances357
Active participants367
Employer contributions$663,409
Employee contributions$1,707,085
Employer contribution per active participant$1,808
Average account balance$121,243
Benefits paid to participants$6,028,230
Plan auditUnmodified (clean) audit opinion
AuditorMONROE SHINE & CO., INC.
Plan history3
Yearassets · accounts · employer contribution
2024$43.3M · 357 accts · $663K emplr
2023$40.2M · 322 accts · $567K emplr
2022$33.5M · 299 accts · $458K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$4,550
Total administrative$4,550
The Air Hydro Power, LLC. 401(k) match · 2024
Employer contribution per active participant$1,808
Median for plans this size$2,416
2024$1,808 per active participant
2023$1,860 per active participant
2022$1,702 per active participant

Air Hydro Power, LLC.'s 2024 employer contribution ran below 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 · 20241
CAPITAL GROUP RETIREMENT PLAN SVCS. · Trustee (directed) · Other services$4,550

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$4,550 · 0.01%
2023$5,531 · 0.02%
2022$6,487 · 0.02%
Same employer
Similar plansWholesale Trade · Kentucky
Hutson Inc. KY$50.0M · 0.41%
Alliance Entertainment KY$46.9M · 0.05%
United Radio, Inc. KY$31.2M · 0.36%
Linak U.S. Inc KY$26.0M · 0.35%

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Source: U.S. Department of Labor, Form 5500 series, EIN 610605672 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.