Plan Ledger DOL Form 5500 · updated monthly

Airo Mechanical LLC401(k)

AIRO MECHANICAL 401(K) PLAN · MOORESVILLE, NC · plan year 2024

Reported admin expense ratio · 2024
0.75%

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

Airo Mechanical LLC reported $15,626 in plan administrative expenses for 2024: 0.75% of average plan assets, above the peer median. Employer contributions averaged $2,454 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 18,840 comparable plans and shown alongside other other services employers. By assets it is among the smaller plans on file in North Carolina (1,723rd of 2,005), and 2,761st of 3,341 in other services. In 2024, employees put in $2.05 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,490,666
Participants with balances187
Active participants111
Employer contributions$272,364
Employee contributions$557,705
Employer contribution per active participant$2,454
Average account balance$13,319
Benefits paid to participants$512,804
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2024
Investment management$15,626
Total administrative$15,626
The Airo Mechanical LLC 401(k) match · 2024
Employer contribution per active participant$2,454
Median for plans this size$1,313

Airo Mechanical LLC's 2024 employer contribution ran above the $1,313 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20241
ANDREW BAYLISS · Investment advisory (plan)$5,558

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

Administrative cost history1
2024$15,626 · 0.75%
Same employer
Similar plansOther Services · North Carolina
Jteam Emp LLC NC$3.2M · 0.55%
Ovme Mso LLC NC$2.5M · 1.48%
Greenscape, Inc. NC$1.7M · 0.97%
Marquis Contract Corp NC$1.6M · 1.63%

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Source: U.S. Department of Labor, Form 5500 series, EIN 853594133 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.