Plan Ledger DOL Form 5500 · updated monthly

American Aerogel Corporation401(k)

AMERICAN AEROGEL CORPORATION 401(K) PROFIT SHARING PLAN · ROCHESTER, NY · plan year 2024

Reported admin expense ratio · 2024
0.47%

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

American Aerogel Corporation reported $31,107 in plan administrative expenses for 2024: 0.47% of average plan assets, below the peer median. Employer contributions averaged $1,379 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 0.50% to 0.47%. 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 New York (4,018th of 5,648), and 1,958th of 3,341 in other services. In 2024, employees put in $3.51 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$7,378,828
Participants with balances264
Active participants237
Employer contributions$326,910
Employee contributions$1,148,621
Employer contribution per active participant$1,379
Average account balance$27,950
Benefits paid to participants$946,975
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$7.4M · 264 accts · $327K emplr
2023$5.8M · 213 accts · $295K emplr
2022$3.9M · 252 accts · $324K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$11,652
Investment management$19,455
Total administrative$31,107
The American Aerogel Corporation 401(k) match · 2024
Employer contribution per active participant$1,379
Median for plans this size$1,313
2024$1,379 per active participant
2023$1,447 per active participant
2022$1,478 per active participant

American Aerogel Corporation'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 · 20243
THE WATERFORD GROUP, LLC · Recordkeeping · Trustee$19,455
ADP, INC. · Loan processing · Recordkeeping$11,652
ADP BROKER-DEALERindirect comp

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

Recordkeeper by year2
2024ADP, THE WATERFORD GROUP, LLC
2023ADP, THE WATERFORD GROUP, LLC

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

Administrative cost history3
2024$31,107 · 0.47%
2023$23,959 · 0.49%
2022$17,133 · 0.50%
Same employer
Similar plansOther Services · New York
Cdp North America, Inc. NY$7.4M · 0.04%
Forum Personnel Inc. NY$7.3M · 0.52%
Smith Cairns Ford Inc NY$7.2M · 0.02%
Hill West Architects LLP NY$7.2M · 0.11%

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Source: U.S. Department of Labor, Form 5500 series, EIN 582493835 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.