Plan Ledger DOL Form 5500 · updated monthly

Airpark Holdings, Inc.401(k)

AIRPARK HOLDINGS, INC. 401 (K) PLAN · SUMMERVILLE, SC · plan year 2024

Reported admin expense ratio · 2024
0.99%

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

Airpark Holdings, Inc. reported $45,123 in plan administrative expenses for 2024: 0.99% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,351 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 0.82% to 0.99%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other wholesale trade employers. By assets it is among the smaller plans on file in South Carolina (573rd of 807), and 3,653rd of 4,246 in wholesale trade. In 2024, employees put in $1.75 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$4,853,961
Participants with balances267
Active participants183
Employer contributions$247,207
Employee contributions$431,683
Employer contribution per active participant$1,351
Average account balance$18,180
Benefits paid to participants$583,235
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$4.9M · 267 accts · $247K emplr
2023$4.3M · 280 accts · $247K emplr
2022$3.3M · 280 accts · $235K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$3,390
Investment management$21,089
Total administrative$45,123
The Airpark Holdings, Inc. 401(k) match · 2024
Employer contribution per active participant$1,351
Median for plans this size$1,313
2024$1,351 per active participant
2023$1,321 per active participant
2022$1,203 per active participant

Airpark Holdings, Inc.'s 2024 employer contribution ran above 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
NATIONWIDE · Recordkeeping · Custodial (securities)$25,139
THE PENSION SERVICE INC · Recordkeeping$17,031
TPS GROUP 3(16) SERVICES, LLC · Contract administrator$9,371
WILMINGTON TRUST NATIONAL ASSOCIATI$11,718

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

Recordkeeper by year2
2024Nationwide, THE PENSION SERVICE INC
2023Nationwide, THE PENSION SERVICE INC

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$45,123 · 0.99%
2023$41,385 · 1.09%
2022$27,531 · 0.82%
Same employer
Similar plansWholesale Trade · South Carolina
McEntire Produce, Inc. SC$7.7M · 0.64%
Taylor Enterprises Inc. SC$7.5M · 0.69%
Vendors Supply, Inc. SC$4.8M · 1.40%
The Climatic Corporation SC$4.0M · 0.66%
Penshurst Trading Inc. SC$3.9M · 0.23%

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Source: U.S. Department of Labor, Form 5500 series, EIN 454418129 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.