Plan Ledger DOL Form 5500 · updated monthly

Aircraft Propeller Service, LLC401(k)

AIRCRAFT PROPELLER SERVICE, LLC 401(K) PLAN · LAKE ZURICH, IL · plan year 2023

Reported admin expense ratio · 2023
0.56%

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

Aircraft Propeller Service, LLC reported $25,649 in plan administrative expenses for 2023: 0.56% of average plan assets, above the peer median. Employer contributions averaged $3,617 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 1 year on file its reported administrative ratio rose from 0.53% to 0.56%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other transportation & warehousing employers. By assets it is among the smaller plans on file in Illinois (2,944th of 3,702), and 1,611th of 2,677 in transportation & warehousing. In 2023, employees put in $1.43 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$5,131,865
Participants with balances82
Active participants63
Employer contributions$227,892
Employee contributions$326,016
Employer contribution per active participant$3,617
Average account balance$62,584
Benefits paid to participants$203,345
Plan auditUnmodified (clean) audit opinion
AuditorSELDEN FOX
Plan history2
Yearassets · accounts · employer contribution
2023$5.1M · 82 accts · $228K emplr
2022$4.1M · 108 accts · $210K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$10,374
Investment management$15,275
Total administrative$25,649
The Aircraft Propeller Service, LLC 401(k) match · 2023
Employer contribution per active participant$3,617
Median for plans this size$1,308
2023$3,617 per active participant
2022$3,500 per active participant

Aircraft Propeller Service, LLC's 2023 employer contribution ran above the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
EMBREE FINANCIAL GROUP · Recordkeeping · Trustee$15,275
ADP, INC. · Loan processing · Recordkeeping$10,373

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history2
2023$25,649 · 0.56%
2022$23,806 · 0.53%
Similar plansTransportation & Warehousing · Illinois
The Innovation Group IL$5.4M · 0.04%
G P Transportation Co. IL$5.3M · 1.47%
Becker Logistics LLC IL$5.1M · 1.35%
Ironhorse Resources, Inc. IL$4.8M · 0.56%

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Source: U.S. Department of Labor, Form 5500 series, EIN 462877433 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.