Plan Ledger DOL Form 5500 · updated monthly

Align Aerospace LLC401(k)

ALIGN AEROSPACE 401(K) PLAN · CHATSWORTH, CA · plan year 2024

Reported admin expense ratio · 2024
0.06%

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

Align Aerospace LLC reported $7,501 in plan administrative expenses for 2024: 0.06% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,613 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 0.04% to 0.06%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other wholesale trade employers. By assets it is among the smaller plans on file in California (4,837th of 9,483), and 2,600th of 4,246 in wholesale trade. In 2024, employees put in $2.46 for every $1.00 the employer contributed; active participation has shrunk from 101 to 89 since 2022.

Plan summary
Net assets, end of year$12,655,518
Participants with balances136
Active participants89
Employer contributions$232,578
Employee contributions$571,868
Employer contribution per active participant$2,613
Average account balance$93,055
Benefits paid to participants$1,391,160
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$12.7M · 136 accts · $233K emplr
2023$11.5M · 136 accts · $79K emplr
2022$10.0M · 140 accts · $79K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$2,213
Investment management$5,288
Total administrative$7,501
The Align Aerospace LLC 401(k) match · 2024
Employer contribution per active participant$2,613
Median for plans this size$2,416
2024$2,613 per active participant
2023$826 per active participant
2022$784 per active participant

Align Aerospace LLC's 2024 employer contribution ran above the $2,416 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 · 20242
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$5,288
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$2,213

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$7,501 · 0.06%
2023$3,054 · 0.03%
2022$4,042 · 0.04%
Similar plansWholesale Trade · California
Mar-Val Food Store NO1 Inc CA$12.9M · 0.60%
Ocusun, LLC CA$12.9M · 0.81%
Southwest Traders, Inc CA$12.8M · 1.09%
Pjs Lumber, Inc. CA$12.8M · 0.03%
Swaner Hardwood Co., Inc. CA$12.6M · 0.03%
America Chung Nam, LLC. CA$12.5M · 0.34%
Moc Products Company, Inc. CA$12.5M · 0.61%

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Source: U.S. Department of Labor, Form 5500 series, EIN 452477477 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.