Plan Ledger DOL Form 5500 · updated monthly

Amerijet International, Inc401(k)

AMERIJET INTERNATIONAL 401(K) PLAN · MIAMI, FL · plan year 2024

Reported admin expense ratio · 2024
0.36%

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

Amerijet International, Inc reported $77,881 in plan administrative expenses for 2024: 0.36% of average plan assets, above the peer median. Employer contributions averaged $1,234 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 0.24% to 0.36%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other transportation & warehousing employers. By assets it is the 1,026th-largest of 3,644 plans among Florida employers on file, and the 677th of 2,677 in transportation & warehousing. In 2024, employees put in $1.75 for every $1.00 the employer contributed; active participation has grown from 599 to 678 since 2022.

Plan summary
Net assets, end of year$22,631,491
Participants with balances400
Active participants678
Employer contributions$836,381
Employee contributions$1,466,965
Employer contribution per active participant$1,234
Average account balance$56,579
Benefits paid to participants$2,520,764
Plan auditUnmodified (clean) audit opinion
AuditorBELFINT.LYONS.SHUMAN
Plan history3
Yearassets · accounts · employer contribution
2024$22.6M · 400 accts · $836K emplr
2023$20.7M · 492 accts · $985K emplr
2022$19.8M · 459 accts · $894K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$47,147
Investment management$30,734
Total administrative$77,881
The Amerijet International, Inc 401(k) match · 2024
Employer contribution per active participant$1,234
Median for plans this size$2,416
2024$1,234 per active participant
2023$1,286 per active participant
2022$1,493 per active participant

Amerijet International, Inc's 2024 employer contribution ran below the $2,416 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
THE VANGUARD GROUP, INC. · Recordkeeping · Loan processing$47,147
M HOLDINGS SECURITIES · Investment advisory (plan)$30,734

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

Recordkeeper by year2
2024Vanguard
2023Ascensus, Vanguard

This plan has changed recordkeepers within these filings. If you left Amerijet International, Inc before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$77,881 · 0.36%
2023$26,800 · 0.13%
2022$51,221 · 0.24%
All plans at this employer2
AMERIJET INTERNATIONAL PILOTS 401(K) PLAN401(k)
AMERIJET INTERNATIONAL 401(K) PLAN401(k)
Same employer
Similar plansTransportation & Warehousing · Florida
Srtv Holdings LLC FL$23.1M · 0.23%
Ga Telesis, LLC FL$22.7M · 0.25%
Banyan Air Services, Inc. FL$19.3M · 0.01%
Boasso Global, Inc. FL$19.2M · 0.56%

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Source: U.S. Department of Labor, Form 5500 series, EIN 300001551 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.