Plan Ledger DOL Form 5500 · updated monthly

Applied Aerospace Structures Corp.401(k)

APPLIED AEROSPACE 401(K) SAVINGS PLAN · STOCKTON, CA · plan year 2024

Reported admin expense ratio · 2024
0.17%

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

Applied Aerospace Structures Corp. reported $99,033 in plan administrative expenses for 2024: 0.17% of average plan assets, above the peer median. Employer contributions averaged $1,830 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 0.13% to 0.17%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other manufacturing employers. By assets it is the 1,545th-largest of 9,483 plans among California employers on file, and the 2,798th of 13,661 in manufacturing. In 2024, employees put in $2.66 for every $1.00 the employer contributed; active participation has grown from 411 to 519 since 2022.

Plan summary
Net assets, end of year$58,957,079
Participants with balances410
Active participants519
Employer contributions$949,982
Employee contributions$2,530,806
Employer contribution per active participant$1,830
Average account balance$143,798
Benefits paid to participants$7,874,575
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$59.0M · 410 accts · $950K emplr
2023$56.4M · 384 accts · $858K emplr
2022$52.6M · 368 accts · $863K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$49,066
Investment management$49,967
Total administrative$99,033
The Applied Aerospace Structures Corp. 401(k) match · 2024
Employer contribution per active participant$1,830
Median for plans this size$3,635
2024$1,830 per active participant
2023$1,825 per active participant
2022$2,099 per active participant

Applied Aerospace Structures Corp.'s 2024 employer contribution ran below the $3,635 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 · 20243
GALLAGHER BENEFIT SERVICES INC DBA · Investment advisory (plan)$38,000
EMPOWER ADVISORY GROUP, LLC · Investment management$11,967

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$99,033 · 0.17%
2023$119,522 · 0.22%
2022$74,908 · 0.13%
Same employer
Similar plansManufacturing · California
Tyan Computer Corporation CA$60.3M · 0.15%
Oyo Corporation U.S.A. CA$59.6M · 0.14%
Western Milling LLC CA$59.0M · 0.14%
Hi-Temp Insulation, Inc. CA$58.9M · 0.22%
Alphatec Spine, Inc. CA$58.6M · 0.27%
Neophotonics Corporation CA$58.3M · 0.09%

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Source: U.S. Department of Labor, Form 5500 series, EIN 364004211 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.