Plan Ledger DOL Form 5500 · updated monthly

Alatus Aerosystems401(k)

ALATUS AEROSYSTEMS 401(K) PLAN · BREA, CA · plan year 2022

Reported admin expense ratio · 2022
0.36%

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

Alatus Aerosystems reported $61,401 in plan administrative expenses for 2022: 0.36% of average plan assets, above the peer median. Employer contributions averaged $121 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 0.36% to 0.45%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other manufacturing employers. By assets it is the 4,474th-largest of 9,483 plans among California employers on file, and 7,257th of 13,661 in manufacturing. In 2022, employees put in $37.41 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$14,418,485
Participants with balances192
Active participants83
Employer contributions$10,034
Employee contributions$375,353
Employer contribution per active participant$121
Average account balance$75,096
Benefits paid to participants$2,829,146
Plan auditUnmodified (clean) audit opinion
AuditorWINDES
Plan history3
Yearassets · accounts · employer contribution
2024$0 · $55K emplr
2023$14.4M · 209 accts
2022$14.4M · 192 accts · $10K emplr
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$61,401
Total administrative$61,401
The Alatus Aerosystems 401(k) match · 2022
Employer contribution per active participant$121
Median for plans this size$2,266

Alatus Aerosystems's 2022 employer contribution ran below the $2,266 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Recordkeeper by year2
2024Vanguard
2023Vanguard

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Administrative cost history3
2024Not separately reported
2023$65,121 · 0.45%
2022$61,401 · 0.36%
Similar plansManufacturing · California
Cpacket Networks, Inc. CA$14.7M · 0.03%
Phillips Farms, LLC CA$14.5M · 0.01%
Hirel Connectors, Inc. CA$14.5M · 0.60%
La Terra Fina USA, LLC CA$14.5M · 0.39%
Tri Tool Inc. CA$14.4M · 0.07%
Maxeon Americas, Inc. CA$14.3M · 0.04%

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Source: U.S. Department of Labor, Form 5500 series, EIN 952110814 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.