Plan Ledger DOL Form 5500 · updated monthly

Airlite Plastics Co.401(k)

THE 401(K) PLAN AND EMPLOYEE TRUST OF AIRLITE PLASTICS CO. · OMAHA, NE · plan year 2024

Reported admin expense ratio · 2024
0.32%

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

Airlite Plastics Co. reported $239,326 in plan administrative expenses for 2024: 0.32% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,650 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 0.38% to 0.32%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other manufacturing employers. By assets it is the 83rd-largest of 565 plans among Nebraska employers on file, and the 2,234th of 13,661 in manufacturing. In 2024, employees put in $2.39 for every $1.00 the employer contributed; active participation has grown from 1,299 to 1,530 since 2022.

Plan summary
Net assets, end of year$80,781,746
Participants with balances1,687
Active participants1,530
Employer contributions$2,525,068
Employee contributions$6,025,007
Employer contribution per active participant$1,650
Average account balance$47,885
Benefits paid to participants$4,278,736
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$80.8M · 1,687 accts · $2.5M emplr
2023$67.2M · 1,570 accts · $2.3M emplr
2022$55.9M · 1,468 accts · $2.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$159,098
Investment management$80,228
Total administrative$239,326
The Airlite Plastics Co. 401(k) match · 2024
Employer contribution per active participant$1,650
Median for plans this size$3,635
2024$1,650 per active participant
2023$1,627 per active participant
2022$1,597 per active participant

Airlite Plastics Co.'s 2024 employer contribution ran below the $3,635 median for plans its size, in the bottom 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
DA DAVIDSON & CO · Investment advisory (plan)$49,000
EMPOWER ADVISORY GROUP, LLC · Investment management$31,228

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$239,326 · 0.32%
2023$205,306 · 0.33%
2022$219,478 · 0.38%
Same employer
Similar plansManufacturing · Nebraska
Lindsay Corporation NE$95.3M · 0.21%
Green Plains Inc. NE$88.4M · 0.36%
Behlen Mfg. Co. NE$79.3M · 0.20%
Lincoln Industries, Inc. NE$72.1M · 0.44%
Li-Cor, Inc. NE$71.9M · 0.11%
Streck LLC NE$71.4M · 0.22%

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Source: U.S. Department of Labor, Form 5500 series, EIN 470353233 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.