Plan Ledger DOL Form 5500 · updated monthly

Ascent Aerospace Holdings, LLC401(k)

ASCENT AEROSPACE HOLDINGS, LLC 401(K) PLAN · MACOMB TOWNSHIP, MI · plan year 2024

Reported admin expense ratio · 2024
0.18%

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

Ascent Aerospace Holdings, LLC reported $159,094 in plan administrative expenses for 2024: 0.18% of average plan assets, above the peer median. Employer contributions averaged $2,641 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 0.17% to 0.18%. 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 320th-largest of 2,619 plans among Michigan employers on file, and the 2,046th of 13,661 in manufacturing. In 2024, employees put in $3.15 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$90,178,017
Participants with balances749
Active participants491
Employer contributions$1,296,702
Employee contributions$4,084,705
Employer contribution per active participant$2,641
Average account balance$120,398
Benefits paid to participants$8,393,531
Plan auditUnmodified (clean) audit opinion
AuditorRSM US LLP
Plan history3
Yearassets · accounts · employer contribution
2024$90.2M · 749 accts · $1.3M emplr
2023$82.4M · 792 accts · $951K emplr
2022$75.3M · 810 accts · $856K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$82,757
Investment management$76,337
Total administrative$159,094
The Ascent Aerospace Holdings, LLC 401(k) match · 2024
Employer contribution per active participant$2,641
Median for plans this size$3,635
2024$2,641 per active participant
2023$1,990 per active participant
2022$1,769 per active participant

Ascent Aerospace Holdings, LLC's 2024 employer contribution ran below the $3,635 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
TRANSAMERICA RETIREMENT SOLUTIONS · Claims processing · Recordkeeping$82,757
CREATIVE PLANNING LLC · Investment advisory (plan)$76,337
NATIONAL FINANCIAL SERVICES · Securities brokerageindirect 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
2024Transamerica
2023Transamerica

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Administrative cost history3
2024$159,094 · 0.18%
2023$142,052 · 0.18%
2022$145,934 · 0.17%
Same employer
Similar plansManufacturing · Michigan
Michigan Sugar Company MI$91.3M · 0.14%
Durez Corporation MI$91.2M · 0.13%
Duro-Last, Inc. MI$90.6M · 0.02%
Eagle Alloy, Inc. MI$88.9M · 0.04%
Kostal of America Inc. MI$87.6M · 0.57%
Ai-Cares, LLC MI$87.4M · 0.23%

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Source: U.S. Department of Labor, Form 5500 series, EIN 461243767 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.